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Madison Square Garden Entertainment Repurchases 623,271 Class A Common Shares At $40.11/Shr For ~$25M

Author: Benzinga Newsdesk | September 12, 2025 07:51am
Madison Square Garden Entertainment Corp. (NYSE: MSGE) (the "Company" or "MSG Entertainment") today announced that the Company repurchased 623,271 shares of MSGE Class A common stock at an average price of $40.11 per

Madison Square Garden Entertainment Corp. (NYSE:MSGE) (the "Company" or "MSG Entertainment") today announced that the Company repurchased 623,271 shares of MSGE Class A common stock at an average price of $40.11 per share for an aggregate purchase price of approximately $25 million from August 20, 2025 through September 11, 2025. The share repurchases were funded using cash on hand.

Since the Company was spun off from Sphere Entertainment Co. in April 2023, the Company has repurchased 6,106,239 shares of MSGE Class A common stock for an aggregate purchase price of approximately $205 million. The Company has approximately $45 million remaining under its existing share repurchase authorization.

Posted In: MSGE

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