Radio One Announces Stock Repurchase Authorization
December 30, 2015 at 11:19 AM (PT)
RADIO ONE's Board Of Directors has authorized a repurchase of shares of the company's Class D common stock.
The Repurchase Program allows the repurchase of shares with an aggregate value of up to $3.5m for up to 24 months. Purchases under the plan may be made from time to time in the open market, through privately negotiated transactions or otherwise.