Madison Square Garden Entertainment Corp. (NYSE: MSGE) has announced the repurchase of 623,271 shares of its Class A common stock at an average price of $40.11 per share, amounting to approximately $25 million. The buyback, conducted between August 20, 2025, and September 11, 2025, was funded using cash on hand. Since its spin-off from Sphere Entertainment Co. in April 2023, MSG Entertainment has repurchased a total of 6,106,239 shares for about $205 million. The company has approximately $45 million remaining under its current share repurchase authorization.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Madison Square Garden Entertainment Corp. published the original content used to generate this news brief via Business Wire (Ref. ID: 20250911355687) on September 12, 2025, and is solely responsible for the information contained therein.