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News Breaks
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March 24, 2011
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| 08:13 EDT |  | AMCN |
| theflyonthewall.com: | AirMedia announces $20M share repurchase program | | AirMedia's board of directors has authorized, but not obligated, AirMedia to repurchase up to $20M worth of its own outstanding American Depositary Shares, or ADSs, within two years from March 21, 2011. The repurchases will be made on the open market at prevailing market prices pursuant to a Rule 10b5-1 plan, in negotiated transactions off the market, in block trades or otherwise from time to time. The timing and extent of any purchases will depend upon market conditions. :theflyonthewall.com |
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