The Arena Group Holdings Inc. has announced a share repurchase program authorized by its Board of Directors, allowing the company to repurchase up to 3 million shares of its common stock over the next 12 months. The repurchase will be conducted through various methods, including open-market transactions and privately negotiated transactions, subject to market conditions and other factors. The program will be funded through operating cash flow and may be adjusted or terminated at the Board's discretion.
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