Brief: ON24 Board Unanimously Approved A Share Repurchase Program Of Up To $25 Million Of Its Common Stock On March 14

ON24

14/03/2024 21:36

March 14 (Reuters) - ON24 Inc  ONTF.N :
    * ON24 -  ON MARCH 14 BOARD UNANIMOUSLY APPROVED A SHARE
REPURCHASE PROGRAM PURSUANT TO WHICH COMPANY MAY PURCHASE UP TO
$25 MILLION OF ITS COMMON STOCK
    * ON24 INC - REPURCHASES UNDER SHARE REPURCHASE PROGRAM WILL
BE
FUNDED FROM COMPANY'S EXISTING CASH AND CASH EQUIVALENTS OR
FUTURE CASH FLOW
    * ON24 INC - AS OF DECEMBER 31, 2023, COMPANY HAD $198.7
MILLION
IN CASH, CASH EQUIVALENTS, AND MARKETABLE SECURITIES

Source text for Eikon:  ID:n0001110611-24-000012 
Further company coverage:  ONTF.N 

 ((Reuters.Briefs@thomsonreuters.com;))