Meredith Corp. (MDP) Adds 2M Shares to Buyback Program

May 16, 2008 11:56 AM EDT

Meredith Corporation (NYSE: MDP) today announced that its Board has authorized an increase in the company's buyback program by 2 million shares.

Including the new authorization, approximately 2.9 million shares may be repurchased under existing authorizations. As of March 31, 2008, 46.3 million shares of the Company's stock were outstanding.

Meredith Corporation, a media and marketing company, engages in magazine and book publishing, television broadcasting, integrated marketing, and interactive media business in the United States.


Related Categories

Stock Buybacks

Stocks Mentioned

MDP 28.38

-0.67 -2.31%
Volume: 741,748
Track MDP


Add Your Comment