Sinclair Broadcast board approves new $150M share repurchase authorization Sinclair Broadcast announced that its board has approved a new $150M share repurchase authorization to be accessed once its existing authorization is exhausted. Since its February 14 announcement, the company has repurchased approximately 2.5M shares and has approximately $47M of remaining capacity under its existing authorization.
News For SBGI From The Last 14 Days
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Sinclair Broadcast to close on Allbritton statoins on August 1 Sinclair Broadcast announced that the FCC and the Department of Justice have approved the Company's acquisition of the Allbritton television stations. The company intends to close the transaction on August 1.