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Gannett Co., Inc. Buyback

OLI recorded this information on 2/3/2015

Company: Gannett Co., Inc.
Buyback: GCI buyback
$Amount Authorized: $150,000,000
Buyback Details: Gannett also announced that the company is resuming its share buyback program authorized in June 2013 and suspended in August 2014. There is approximately $150 million remaining under the current authorization. The buyback is consistent with Gannett's commitment to return capital to its shareholders while continuing to reinvest in the business.

Gannett owns, operates and invests in local media assets focused in small to mid-size markets. Co.'s main products include: daily newspapers; weekly newspapers, which publishe up to three times per week; shoppers, which are generally advertising-only publications; locally-focused websites, which extend Co.'s businesses onto the internet and mobile devices; business publications; UpCurve Cloud and ThriveHive digital marketing; and GateHouse Live. In addition to its main products, Co. also produces publications that address specific local market interests such as recreation, sports, healthcare and real estate.

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Company Name: 
Gannett Co Inc (New)
Stock buyback: 
GCI buyback
Website: 
www.gannett.com
Sector: 
Publishing & Printing
Number of ETFs Holding GCI: 
36
Total Market Value Held by ETFs: 
$18.73M
Total Market Capitalization: 
$88.00M
% of Market Cap. Held by ETFs: 
21.29%
 

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Sell (0.67 out of 4)
0th percentile
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