Android app on Google Play

Saga Communications (SGA) Boosts Buyback by $30M

March 6, 2013 2:03 PM EST Send to a Friend
Saga Communications, Inc. (NYSE: SGA) announced today that its Board of Directors has approved an increase to the amount available to repurchase its shares of Class A Common Stock under its Stock Buyback Program to $30 million. Under the Program, Saga may repurchase shares in any combination of open market, block transactions and privately negotiated transactions subject to market conditions, legal requirements and other corporate considerations, as determined by Saga's management. The repurchases will be funded from cash on Saga's balance sheet. The Program does not obligate Saga to acquire any particular amount of Class A Common Stock, and it may be suspended at any time in Saga's discretion.




You May Also Be Interested In


Related Categories

Stock Buybacks

Related Entities

Stock Buyback

Add Your Comment