Entravision Announces $10 Million Share Repurchase Program
August 19, 2014 at 6:25 AM (PT)
ENTRAVISION COMMUNICATIONS CORPORATION's Board of Directors has approved the repurchase of $10 million of the Company's common stock. Under the share repurchase program, the Company is authorized to purchase shares from time to time through open market purchases or negotiated purchases, subject to market conditions and other factors.
"We continue to look for opportunities to return value to our shareholders and are pleased to announce this additional repurchase program," said Chairman/CEO WALTER F. ULLOA. "With strong cash flows and a healthy balance sheet, we are well-positioned to execute on our strategic plan and drive long-term value creation."