E.W. Scripps Co. (SSP) Approves New $100M Buyback Plan

November 8, 2016 3:50 PM EST

Get access to the best calls on Wall Street with StreetInsider.com's Ratings Insider Elite. Get your Free Trial here.

The board of directors of The E.W. Scripps Co. (NYSE: SSP) today authorized a new share repurchase program up to $100 million of the company's Class A common shares.

The shares may be repurchased from time to time at management's discretion, either in the open market, through pre-arranged trading plans or in privately negotiated block transactions. This authorization runs from Jan. 1, 2017, to Dec. 31, 2018.

The last repurchase program, which the board of directors authorized in May 2014, expires Dec. 31, 2016.

Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In

Related Categories

Corporate News, Stock Buybacks

Related Entities

Stock Buyback

Add Your Comment