Welcome to our dedicated page for EMMS.V news (Ticker: EMMS.V), a resource for investors and traders seeking the latest updates and insights on EMMS.V stock.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect EMMS.V's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of EMMS.V's position in the market.
Emmis Communications Corporation (OTC: EMMS) announced a tender offer starting July 1, 2022, to repurchase up to 1 million shares of its Class A common stock, priced between $2.75 and $3.75 per share. The offer will expire on August 5, 2022. This move aims to utilize the company's financial resources effectively and provide liquidity for shareholders amidst public quotation cessation on OTC Markets. Emmis will primarily fund the buyback using cash and a $1.6 million line of credit. Directors and officers will not participate in the offer, which requires at least 250,000 shares to be tendered.
Sound That BRANDS, a podcasting studio in Los Angeles, has partnered with Comcast’s FreeWheel to provide branded podcast production for over 1,100 Strata agencies. This collaboration enhances campaign management and optimizes financial operations for clients. CEO Dave Beasing emphasizes the growing demand for audio content, while FreeWheel's Ian Banks highlights the effectiveness of podcasts in engaging audiences. Sound That BRANDS will also track Brand Uplift through consumer surveys. Founded in 2018, Sound That BRANDS is a division of Emmis Communications Corporation (Nasdaq: EMMS).
