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ZAYO Buyback image

Zayo Group Holdings, Inc. Buyback

OLI recorded this information on 5/7/2018

Company: Zayo Group Holdings, Inc.
Buyback: ZAYO buyback
$Amount Authorized: $500,000,000
Buyback Details: Zayo Group Holdings, Inc. (NYSE:ZAYO) announced that the company's Board of Directors has authorized a six-month share repurchase program. The share repurchase program authorizes up to $500 million for the repurchase from time to time in open market transactions at prevailing market prices, in privately negotiated transactions or by other means in accordance with the federal securities laws. The actual timing, number and value of shares repurchased under the program will be determined by Zayo in its discretion and will depend on a number of factors, including the market price of the common stock, general market and economic conditions, applicable legal requirements and other factors.

Zayo Group Holdings is a holding company. Through its subsidiaries, Co. is a provider of communications and bandwidth infrastructure in the United States, Canada and Europe. Co. has four segments: Zayo Networks, which provides access to bandwidth infrastructure; Zayo Colocation, which provides data center and cloud infrastructure solutions to a range of enterprise, carrier, cloud and content customers; Allstream, which provides Cloud VoIP and Data Solutions; and Other, which is comprised of Zayo Professional Services that provides network and technical resources to customers. Key products include leased dark fiber, fiber to cellular towers and small cell sites and other bandwidth offering.
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ZAYO — Key Stats (updated Fri., Mar. 6, 10:25 AM)
Company Name:  Zayo Group Holdings Inc
Stock buyback:  ZAYO buyback
Website:  www.zayo.com
Sector:  Manufacturing
 

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May 2, 2024  •  12:14 AM Eastern
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