Company: UONE
Filing Date: 2025-05-14
Form Type: 10-Q
Source: 0001041657-25-000034
Chunk: 7

Company: URBAN ONE, INC.
Filing Date: 2025-05-14
Form: 10-Q
Item: Part I, Item 4
Chunk 7
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5:

Period and Class(a) Total Number of Shares (or Units) Purchased(b) Average Price Paid Per Share (or Units)(c) Total number of Shares Purchased as Part of Publicly Announced Plans or Programs (a)(d) Maximum Number (or approved Dollar Value) of Shares (or Units) that May Yet be Purchased Under the plans or Programs (in thousands)Class AJanuary 1 - January 31, 2025327,525 $1.50 327,525 $13,030 February 1 - February 28, 202570,099 1.42 70,099 12,865 March 1 - March 31, 202551,628 1.43 51,628 12,752 Total449,252 $1.48 449,252 $12,752 Class DJanuary 1 - January 31, 2025165,023 $0.97 165,023 $13,030 February 1 - February 28, 202579,067 0.81 79,067 12,865 March 1 - March 31, 202559,532 0.67 59,532 12,752 Total303,622 $0.87 303,622 $12,752 (a) On September 27, 2022, the Compensation Committee authorized the repurchase of up to $0.5 million worth of shares in the aggregate from employees who want to sell in connection with the Company’s most recent employee stock grant. On June 10, 2024, the Company’s Board of Directors approved a share repurchase authorization to repurchase up to $20.0 million of the Company's outstanding Class A and/or Class D common stock (collectively, the “2024 Stock Repurchase Program”). The 2024 Stock Repurchase Program will remain in effect for up to 24 months or until the authorization is exhausted. See Note 12 – Stockholders Equity of the Company’s condensed consolidated financial statements for further discussion.

Item 3. Defaults Upon Senior Securities

None.