Sinclair Broadcast Group, Inc. Buyback
OLI recorded this information on 8/9/2018
Sinclair Broadcast Group, Inc.
Sinclair Broadcast Group, Inc. (Nasdaq: SBGI) (the "Company") announced today that its Board of Directors have authorized the Company to repurchase up to $1 billion of its Class A common shares.
Sinclair Broadcast Group is a television media company. The content, distributed through Co.'s broadcast platform and third-party platforms, consists of programming provided by third-party networks and syndicators, local news, college and sports, and other original programming produced by Co. Additionally, Co. owns digital media products that are complementary to its portfolio of television station and regional sports network related digital properties. Outside of its media related businesses, Co. operates technical services companies focused on supply and maintenance of broadcast transmission systems as well as research and development for the advancement of broadcast technology.
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Buy (3.00 out of 4)