GameSquare repurchases shares worth $599,148 under buyback plan

FRISCO, Texas - GameSquare Holdings, Inc. (NASDAQ:GAME), currently trading at $0.75 with a market capitalization of $74.3 million, has completed its first stock repurchase under its previously announced $5 million buyback authorization, according to a press release statement issued Friday.

The digital media and entertainment company repurchased 833,124 shares of its common stock for $599,148, at an average price of approximately $0.72 per share. Following this transaction, GameSquare has $4.4 million remaining in its current authorization. According to InvestingPro data, the stock has shown significant momentum with a 44% price return over the past six months, though the company faces challenges with weak profit margins of 17.6%.

"Our repurchase program underscores the confidence we have in the long-term value of GameSquare," said Justin Kenna, CEO of GameSquare, in the statement.

The company, which focuses on connecting brands with Gen Z, Gen Alpha, and Millennial audiences through gaming and esports content, indicated it plans to continue using funds generated by its treasury strategy to opportunistically repurchase its common stock.

GameSquare operates a gaming media network in North America and owns FaZe Clan Esports. The company describes itself as a digital-native business providing brands with access to creators and talent across gaming, esports, and youth culture.

The stock repurchase represents the company’s first action under the buyback plan, which was previously announced as part of its capital allocation strategy.

In other recent news, GameSquare Holdings reported its Q2 2025 earnings, showing an 11% decline in revenue year-over-year to $15.8 million. Despite the revenue drop, the company managed to reduce its adjusted EBITDA loss to $3.5 million from $4.2 million in the previous year. Additionally, GameSquare Holdings announced the expansion of its esports sponsorship deal with Rollbit, increasing the annual partnership value from $1.75 million to $3.25 million. This expanded agreement will enhance Rollbit’s sponsorship of FaZe Clan’s Counter-Strike team, featuring the Rollbit logo prominently on jerseys. In another development, GameSquare Holdings revealed a 7.84% annualized yield from its Ethereum treasury strategy for August. The company reported Ethereum holdings of 15,731.07, valued at approximately $69.1 million as of August 31. These recent developments provide a comprehensive view of GameSquare Holdings’ current business activities.

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