Focus Media (FMCN) Boosts Buyback by $200M, Affirms Q3 Outlook

Focus Media Holding Limited (Nasdaq: FMCN), today announced its intention to increase the size of its previously announced share repurchase program from US$450 million to US$650 million while keeping the termination date of the repurchase plan at December 31, 2013. The other terms of the repurchase program will remain unchanged.

The Company also reaffirms our third quarter guidance.

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