TIX Corp Buys Back Stock

TIX Corp. and a group of private investors have acquired 1 million shares from a private investor, the company announced Dec. 17.

The purchase follows an additional 1.6 million shares Tix Corp. purchased from the same investor.

“We believe we have cleared up the overhand of distressed selling of our securities, while concurrently and opportunistically returning value to our shareholders through the repurchase of our common shares,” CEO Mitch Francis said in a statement.

TIX Corp. provides discount and premium ticketing services, including at eight Las Vegas locations where it offers discounts for same-day shows and concerts.