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Vivid Seats (SEAT) has shared an announcement.
Jonathan Wagner is set to retire as Chief Technology Officer on March 15, 2024, with Stefano Langenbacher stepping into the role on March 18. Meanwhile, the Company is making a move to bolster shareholder value by authorizing a share repurchase program that could see up to $100 million of its Class A common stock bought back. The program, which doesn’t have a set end date, allows for flexibility in repurchase methods and quantities, and can be adjusted or halted without notice.
For a thorough assessment of SEAT stock, go to TipRanks’ Stock Analysis page.