New Frontier (NOOF) Buys Back 2.1M Common at $1.10/Share

New Frontier Media, Inc. (Nasdaq: NOOF), has repurchased approximately 2.1 million shares of its outstanding common stock in an unsolicited, open-market broker transaction intended to comply with Rule 10b-18 promulgated under the Securities Exchange Act of 1934, as amended. The repurchase was made at the market price of $1.10 per share for an aggregate purchase price of approximately $2.3 million, net of brokerage commissions.

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