ON24 Approves $25 Million Share Buyback Program-March 2024-www.financetom.com

ON24 Approves $25 Million Share Buyback Program

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ON24 Approves $25 Million Share Buyback Program

Mar 15, 2024 12:57 AM

03:31 AM EDT, 03/15/2024 (MT Newswires) -- ON24 ( ONTF ) said in a Thursday regulatory filing that its board approved a share repurchase program of up to $25 million.

The company aims to fund the share repurchases from existing cash and cash equivalents or future cash flow. At the end of December, the company had $198.7 million in cash, cash equivalents and marketable securities, it said.

Price: 6.58, Change: +0.03, Percent Change: +0.46

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