Live Ventures Incorporated (NasdaqCM:LIVE) announces a share repurchase program. Under the program, the company will repurchase up to $10 million worth of its outstanding common stock. Repurchases will be made at prevailing market prices. The time period during which the repurchasing activities may occur will be dependent on future market volume. The repurchase program is subject to various trading restrictions as established in Rule 10(b)-18 of the Securities Exchange Act of 1934. The Board believes that the implementation of this repurchase program will enable the company to strengthen long-term financial structure for stockholders by capitalizing on a current undervaluing of company's stock in the marketplace. In any event, the company will expire the program not later than two years from the date of authorization.

On November 22, 2016, the company filed a certificate of change to effectuate a 1:6 reverse stock split which came into effect on December 5, 2016.