Lee Enterprises (LEE) Announces Up to $10M Share Buyback Authorization
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Lee Board Approves $10 million Stock Repurchase Program
February 20, 2019 6:00 PM ESTDAVENPORT, Iowa, Feb. 20, 2019 (GLOBE NEWSWIRE) -- Lee Enterprises, Incorporated (NYSE: LEE), a leading provider of high quality, trusted, local news, information and a major platform for advertising in 49 markets, announced today that the Companys Board of Directors authorized the repurchase of up to $10,000,000 of the Companys common stock over the next 24 months.
President and CEO Kevin Mowbray said, As we continue to evaluate our capital structure, we are pleased that the Board approved this new share repurchase program. The program demonstrates confidence in the strength of our business and commitment to delivering... More
