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CIDM Buyback image

Cinedigm Buyback

OLI recorded this information on 6/29/2015

Company: Cinedigm
Buyback: CIDM buyback
$Amount Authorized: $5,000,000
Buyback Details: Cinedigm Corp. (NASDAQ:CIDM) today announced that its Board of Directors has approved a stock repurchase program authorizing the Company to repurchase up to an aggregate of $5 million of its outstanding Class A common stock.

Cinedigm is a distributor and aggregator of independent movie, television and other short form content managing a library of distribution rights to several titles and episodes released across digital, physical, and home and mobile entertainment platforms as well as a servicer of digital cinema assets on several domestic and foreign movie screens. Co.'s segments are: Cinema Equipment Business, which provides monitoring, collection, verification and management services; and Content & Entertainment Business, which collaborates with producers and other content owners to market, source, curate and distribute independent content to audiences in theatres and homes, and via mobile and platforms.
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Company Name: 
Cinedigm Corp
Stock buyback: 
CIDM buyback
Website: 
www.cinedigm.com
Sector: 
Entertainment
Number of ETFs Holding CIDM: 
3
Total Market Value Held by ETFs: 
$720216
Total Market Capitalization: 
$69.00M
% of Market Cap. Held by ETFs: 
1.04%
 

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Strong Buy (4.00 out of 4)
96th percentile
(ranked higher than approx. 96% of all stocks covered)
Based on Zacks ABR data;
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