LiveOne updates its $12 million stock repurchase program, repurchasing over 5 million shares, with $5.9 million remaining.
Quiver AI Summary
LiveOne (Nasdaq: LVO) has announced that it has repurchased over 5 million shares as part of its $12 million stock repurchase program, leaving $5.9 million remaining. Robert Ellin, the Chairman and CEO, expressed confidence in the company's growth and believes the stock is undervalued. The company aims to purchase an additional 5 million shares as it focuses on its creator-first platform that delivers music, entertainment, and technology solutions globally. LiveOne operates various subsidiaries, including Slacker and PodcastOne, and participates in both live and virtual events.
Potential Positives
- Repurchased over 5 million shares, indicating confidence in the company's value and growth prospects.
- CEO Robert Ellin's commitment to purchase additional shares reflects strong insider confidence in LiveOne's long-term value.
- The remaining $5.9 million in the stock repurchase program demonstrates an ongoing strategy for enhancing shareholder value.
Potential Negatives
- LiveOne's reliance on a single major OEM customer for a substantial percentage of revenue poses a significant risk to financial stability.
- The announcement of the stock repurchase program may indicate a lack of alternative growth opportunities or investment options.
- Legal and regulatory uncertainties concerning crypto assets and LiveOne's ability to implement its crypto treasury strategy may hinder future growth prospects.
FAQ
What is the recent stock repurchase program update from LiveOne?
LiveOne announced the repurchase of 5 million shares, with $5.9 million remaining in the program.
Who is leading the stock purchase at LiveOne?
The stock purchases are led by Robert Ellin, the Chairman and CEO of LiveOne.
How does LiveOne view its current stock valuation?
LiveOne believes its stock is significantly undervalued, reflecting confidence in its growth and long-term value.
What subsidiaries does LiveOne operate under?
LiveOne's subsidiaries include Slacker, PodcastOne, LiveXLive, and several others focused on music and entertainment.
Where can I find more information about LiveOne?
More information can be found on LiveOne's website at liveone.com and through their social media channels.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$LVO Hedge Fund Activity
We have seen 35 institutional investors add shares of $LVO stock to their portfolio, and 49 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- BLACKROCK, INC. removed 3,652,029 shares (-73.6%) from their portfolio in Q2 2025, for an estimated $2,756,916
- ROCKEFELLER CAPITAL MANAGEMENT L.P. added 2,747,443 shares (+inf%) to their portfolio in Q2 2025, for an estimated $2,074,044
- MILLENNIUM MANAGEMENT LLC added 1,129,673 shares (+inf%) to their portfolio in Q2 2025, for an estimated $852,790
- GEODE CAPITAL MANAGEMENT, LLC removed 888,434 shares (-47.5%) from their portfolio in Q2 2025, for an estimated $670,678
- PERMANENS CAPITAL L.P. added 687,275 shares (+inf%) to their portfolio in Q2 2025, for an estimated $518,823
- JANUS HENDERSON GROUP PLC added 625,169 shares (+inf%) to their portfolio in Q2 2025, for an estimated $471,940
- STATE STREET CORP removed 545,593 shares (-67.3%) from their portfolio in Q2 2025, for an estimated $411,868
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Full Release
• Repurchased 5M+ shares
• $5.9M remaining in program
• Senior Management and Directors, led By Robert Ellin, Chairman and CEO, to purchase up to 5M shares
LOS ANGELES, Sept. 11, 2025 (GLOBE NEWSWIRE) -- LiveOne (Nasdaq: LVO), an award-winning, creator-first music, entertainment, and technology platform, today announced an update on its previously authorized $12 million stock repurchase program.
“We believe our stock remains significantly undervalued, and this commitment reflects our strong confidence in LiveOne’s growth trajectory and long-term value,” said Robert Ellin, Chairman and CEO of LiveOne.
About LiveOne
Headquartered in Los Angeles, CA, LiveOne (Nasdaq:
LVO
) is an award-winning, creator-first, music, entertainment, and technology platform focused on delivering premium experiences and content worldwide through memberships and live and virtual events. LiveOne's subsidiaries include Slacker, PodcastOne (Nasdaq:
PODC
), PPVOne, Custom Personalization Solutions, LiveXLive, DayOne Music Publishing, Drumify and Splitmind. LiveOne, a dedicated over-the-top application powered by Slacker, is available on iOS, Android, Roku, Apple TV, Spotify, Samsung, Amazon Fire, Android TV, and through STIRR's OTT applications. For more information, visit
liveone.com
and follow us on
Facebook
,
Instagram
,
TikTok
,
YouTube
and X at
@liveone
. For more investor information, please visit
ir.liveone.com
.
Forward-Looking Statements
All statements other than statements of historical facts contained in this press release are “forward-looking statements,” which may often, but not always, be identified by the use of such words as “may,” “might,” “will,” “will likely result,” “would,” “should,” “estimate,” “plan,” “project,” “forecast,” “intend,” “expect,” “anticipate,” “believe,” “seek,” “continue,” “target” or the negative of such terms or other similar expressions. These statements involve known and unknown risks, uncertainties and other factors, which may cause actual results, performance or achievements to differ materially from those expressed or implied by such statements, including: LiveOne’s reliance on its largest OEM customer for a substantial percentage of its revenue; LiveOne’s ability to consummate any proposed financing, acquisition, spin-out, special dividend, merger, distribution or transaction, the timing of the consummation of any such proposed event, including the risks that a condition to the consummation of any such event would not be satisfied within the expected timeframe or at all, or that the consummation of any proposed financing, acquisition, spin-out, merger, special dividend, distribution or transaction will not occur or whether any such event will enhance shareholder value; LiveOne’s ability to continue as a going concern; LiveOne’s ability to attract, maintain and increase the number of its users and paid members; LiveOne identifying, acquiring, securing and developing content; LiveOne’s ability to implement its recently announced crypto treasury strategy and/or purchase crypto assets from time to time pursuant to such strategy, including for the maximum announced amount; LiveOne’s intent to repurchase shares of its and/or PodcastOne’s common stock from time to time under LiveOne’s announced stock repurchase program and the timing, price, and quantity of repurchases, if any, under the program; LiveOne’s ability to maintain compliance with certain financial and other debt covenants; LiveOne successfully implementing its growth strategy, including relating to its technology platforms and applications; management’s relationships with industry stakeholders; LiveOne’s ability to repay its indebtedness when due; LiveOne’s ability to satisfy the conditions for closing on its announced additional convertible debentures financing; uncertain and unfavorable outcomes in legal proceedings and/or LiveOne’s ability to pay any amounts due in connection with any such legal proceedings; significant legal, commercial, regulatory and technical uncertainty and risks related to Bitcoin, Ethereum and other digital assets; regulatory developments related to crypto assets and crypto asset markets; changes in economic conditions; competition; risks and uncertainties applicable to the businesses of LiveOne’s subsidiaries; and other risks, uncertainties and factors including, but not limited to, those described in LiveOne’s Annual Report on Form 10-K for the fiscal year ended March 31, 2025, filed with the U.S. Securities and Exchange Commission (the “SEC”) on July 15, 2025, and in LiveOne’s other filings and submissions with the SEC. These forward-looking statements speak only as of the date hereof, and LiveOne disclaims any obligation to update these statements, except as may be required by law. LiveOne intends that all forward-looking statements be subject to the safe-harbor provisions of the Private Securities Litigation Reform Act of 1995.
LiveOne Press Contact:
[email protected]
Follow LiveOne on social media: Facebook, Instagram, TikTok, YouTube, and X at @liveone .