Stock BuybacksBy The Online Investor Staff, updated Sat., Aug. 17, 10:36 AM
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Slide #2. Stingray Group Inc
Stingray Group Inc (TSE:RAY.B.CA)
Share Amount Authorized:
Stingray Group Inc (TSX: RAY.A; RAY.B) ("Stingray"), a leading business-to-business multi-platform music and in-store media solutions provider, today announced that the Toronto Stock Exchange ("TSX") has approved its share repurchase program (the "Program"), authorizing Stingray to repurchase up to an aggregate 2,924,220 subordinate voting shares and variable subordinate voting shares (collectively, "Subordinate Shares"), representing approximately 5% of the 58,484,449 issued and outstanding Subordinate Shares as at August 7, 2019.
Stingray Group is a provider of multi-platform music services. It broadcasts high quality music and video content on a number of platforms including digital TV, satellite TV, IPTV, the Internet, mobile devices and game consoles.
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