KEYW (KEYW) Authorozes 2M Common Buyback
Up)
The KEYW Holding Corporation (Nasdaq: KEYW) announces that the Board of Directors has approved the repurchase of up to 2 million of its outstanding shares of common stock. Under the program, KEYW is authorized to repurchase shares over the next 12 months in open market or privately negotiated transactions, depending on prevailing market conditions and other factors. KEYW plans to use a combination of cash and debt, under its existing credit facility, to repurchase shares, at management's discretion. The repurchase program may be suspended or discontinued at any time. KEYW intends to complete any transactions under this program in accordance with the Security and Exchange Commission's Safe Harbor Rules for corporate stock repurchases.
Get immediate access to market moving news and alerts with StreetInsider.com Premium - FREE TRIAL!
Get immediate access to market moving news and alerts with StreetInsider.com Premium - FREE TRIAL!
You May Also Be Interested In
- White Mountains (WTM) Approves Additional 1M Common Buyback
- Fifth Street Finance (FSC) Approves $30M Buyback Plan
- AbitibiBowater (ABH) To Buyback Up to 10% of Stock
Create E-mail Alert Related Categories
Stock BuybacksSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
