Focus Media (FMCN) Continues $300M Buyback; Chairman Jiang to Buy $11M ADS
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Focus Media Holding Limited (Nasdaq: FMCN), announced its intention to continue purchasing shares pursuant to its previously announced share repurchase program.
In addition, the Company also announced that today chairman Jason Jiang will purchase US$11 million in Focus Media ADSs in a block trade.
As of November 22, 2011, approximately $300 million remains available for the repurchase program.
In addition, the Company also announced that today chairman Jason Jiang will purchase US$11 million in Focus Media ADSs in a block trade.
As of November 22, 2011, approximately $300 million remains available for the repurchase program.
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