10:08 AM EDT, 03/14/2024 (MT Newswires) -- Eventbrite ( EB ) said Thursday it's board has authorized a $100 million share buyback program.

The online event-planning platform said the program has no set time limit and will be funded from existing cash and future cash flows. As of Dec. 31, Eventbrite ( EB ) said it has $391.1 million in available liquidity.

Eventbrite ( EB ) shares were up more than 12% in recent trading.

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