Madison Square Garden Entertainment announced that the company repurchased 681,593 shares of MSGE Class A common stock at an average price of $36.68 per share for an aggregate purchase price of approximately $25M from November 20 through December 2. The share repurchases were funded using cash on hand.
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Read More on MSGE:
- Madison Square Garden Entertainment Announces CFO Transition
- MSG Entertainment CFO Michael Grau to leave company effective November 20
- MSG Entertainment price target lowered to $48 from $49 at Guggenheim
- MSG Entertainment price target lowered to $45 from $47 at Macquarie
- MSG Entertainment price target lowered to $44 from $45 at Morgan Stanley
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