National CineMedia (NCMI) Announces New $100 Million Share Repurchase Program
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National CineMedia, Inc. Announces New $100 Million Share Repurchase Program
March 18, 2024 4:01 PM EDTCENTENNIAL, Colo.--(BUSINESS WIRE)-- National CineMedia, Inc. (NASDAQ: NCMI) (the Company or NCM), the managing member of National CineMedia, LLC (NCM LLC), the operator of the largest cinema advertising platform in the U.S., today announced that its Board of Directors has approved a new share repurchase program authorizing the purchase of up to $100 million of the Companys common stock through April 1, 2027. During the course of the program, NCM plans to use operating cash flow distributions from NCM LLC to opportunistically repurchase shares at prevailing market prices, while continuing to invest capital in growing its... More
