Company: UONE
Filing Date: 2025-08-13
Form Type: 10-Q
Source: 0001041657-25-000042
Chunk: 3

Company: URBAN ONE, INC.
Filing Date: 2025-08-13
Form: 10-Q
Item: Part I, Item 3
Chunk 3
---
5.

Item 2. Unregistered Sales Of Equity Securities And Use Of Proceeds

Purchases Of Equity Securities By The Issuer And Affiliated Purchasers

The following table sets forth purchases of our ordinary shares by the Company during the three months ended June 30, 2025:

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 AApril 1 - April 30, 202541,760 $1.42 41,760 $12,644 May 1 - May 31, 202583,382 1.72 83,382 12,456 June 1 - June 30, 2025100,899 1.65 100,899 12,265 Total226,041 $1.63 226,041 $12,265 Class DApril 1 - April 30, 202585,348 $0.58 85,348 $12,644 May 1 - May 31, 202580,125 0.55 80,125 12,456 June 1 - June 30, 202535,076 0.68 35,076 12,265 Total200,549 $0.59 200,549 $12,265 (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 11 – Stockholders Equity of the Company’s unaudited condensed consolidated financial statements for further discussion.