Playboy Shares Rise on Deal to Buy Large Fortress Investment Stake Below Market

Dow Jones
06/22
 

By Adriano Marchese

 

Playboy shares were higher Monday after the company said it would buy back nearly 15% of its common shares at a steep discount.

Shares traded 6.9% higher to $1.55.

The global pleasure and leisure company said it has agreed to acquire 16.6 million shares of its stock from funds managed by affiliates of Fortress Investment Group.

The agreement is for the entire stake to be acquired at a fixed price of $1.05 per share for a total of $17.4 million.

The stock is down about 23% year-to-date, and traded on Thursday, its latest full trading day, at $1.45 apiece.

 

Write to Adriano Marchese at adriano.marchese@wsj.com

 

(END) Dow Jones Newswires

June 22, 2026 09:46 ET (13:46 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

應版權方要求,你需要登入查看該內容

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10