Saga Q3 Gross Revenues May Be Up 2%
September 16, 2013 at 11:43 AM (PT)
SAGA COMMUNICATIONS, INC. reported that it anticipates 3Q gross revenues ending SEPTEMBER 30th to be flat to up 2% in comparison to the corresponding period last year.
SAGA also reported that its Compensation Committee and Board of Directors approved amending SAGA's 2005 Incentive Compensation Plan (the "Plan") to, among other things, increase the number of authorized shares by 233,334 shares of Common Stock, resulting in a total of 562,869 shares of Common Stock available for grant, and extend the date for making awards under the Plan to SEPTEMBER 6th, 2018. The amendment to the Plan will be subject to stockholder approval by written consent.