Blade Air Mobility climbs 8% on $20M buyback program

seekingalpha03-20

Blade Air Mobility (NASDAQ:BLDE) Board of Directors has authorized the repurchase of up to $20M of outstanding Class A common stock. The buyback comes on the back of the company’s expectation of ...

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The buyback comes on the back of the company’s expectation of ...</p>\n\n<a href=\"https://seekingalpha.com/news/4081521-blade-air-mobility-climbs-8-on-20m-buyback-program\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4008","symbol_name":"航空公司","start_time":0,"source_url":"https://seekingalpha.com/news/4081521-blade-air-mobility-climbs-8-on-20m-buyback-program","article_id":"2420749875","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2420749875","pubTimestamp":1710937266,"sourceInfo":{"source_id":"seekingalpha","name":"Seeking Alpha"},"weMediaInfo":null,"summary":"Blade Air Mobility  Board of Directors has authorized the repurchase of up to $20M of outstanding Class A common stock. 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More on Blade Air Mobility  Blade Air Mobility: Focus On Big Picture Blade Air Mobility: Rising Competitive Threats Blade Air Mobility reports Q4 results; initiates FY24 and FY25 outlook","collect":0,"end_time":0,"defaultTopTitle":"seekingalpha.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4008":"航空公司","BK4187":"航天航空与国防","AIRI":"Air Industries Group","BK4564":"太空概念","BLDE":"Blade Air Mobility In."},"translate_title":"Blade Air Mobility因2000万美元回购计划上涨8%","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"AIRI":1,"BLDE":1},"content_text":"Blade Air Mobility (NASDAQ:BLDE) Board of Directors has authorized the repurchase of up to $20M of outstanding Class A common stock. The buyback comes on the back of the company’s expectation of profitability on an adjusted EBITDA basis for the full-year 2024, coupled with its debt-free balance sheet and significant cash balance.  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