Reported Earlier: Venu Has Approved A Share Repurchase Program Of Up To $10M Of Its Common Stock

Venu Holding Corporation's ("VENU" or the "Company") (NYSE:VENU) today announced its Board of Directors has approved a share repurchase program authorizing the Company to repurchase up to $10 million of its common stock through December 31, 2026.

The timing, manner, price and amount of any share repurchases will be determined by the Company's management based on various factors, such as available liquidity, cash flows and general market conditions. Any repurchases will be subject to federal and state laws governing such transactions, and may be effected through a variety of methods, which may include open market purchases, privately negotiated transactions, block trades, accelerated share repurchase transactions, purchases through 10b5-1 trading plans, or by any combination of such methods. The authorization does not obligate the Company to acquire any particular amount of common stock and the program may be suspended or discontinued at the Company's discretion without prior notice.