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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 is a digitally focused media and marketing solutions company. Co.'s portfolio of media assets includes USA TODAY, local media organizations in several states in the U.S. and Guam, and Newsquest, a wholly owned subsidiary operating in the U.K. with several local media brands. Co. also owns the digital marketing services companies ReachLocal, Inc., UpCurve, Inc., and WordStream, Inc. and runs the media-owned events business in the U.S., GateHouse Live. Co. has two segments: publishing, which consists of its portfolio of local, regional, national, and international newspaper publishers; and Marketing Solutions, which is comprised of its digital marketing solutions subsidiaries.

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Company Name:  Gannett Co Inc (New)
Stock buyback:  GCI buyback
Sector:  Publishing & Printing
Number of ETFs Holding GCI:  32
Total Market Value Held by ETFs:  $104.69M
Total Market Capitalization:  $548.00M
% of Market Cap. Held by ETFs:  19.10%

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January 20, 2021    9:03 AM Eastern
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