Gray Television (GTN) Announces $75M Stock Buyback

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Go back to Gray Television (GTN) Announces $75M Stock Buyback

Gray Announces $75 Million Share Repurchase Authorization

November 8, 2016 8:01 AM EST

ATLANTA, Nov. 8, 2016 /PRNewswire/ -- Gray Television, Inc. ("Gray," "we," "us" or "our") (NYSE: GTN and GTN.A) announced today that its Board of Directors has authorized the Company to repurchase up to an additional $75 million of its outstanding common stock (GTN) prior to December 31, 2019.

This authorization is in addition to existing authorization for the Company to repurchase up to an aggregate of 5,000,000 shares of its common stock and Class A common stock at such times as management deems appropriate, subject to any contractual or... More