Journal Communications Executive Enters Into Stock Purchase Plan
October 26, 2007 at 8:35 AM (PT)
JOURNAL COMMUNICATIONS announced that ELIZABETH (BETSY) BRENNER, EVP/JOURNAL COMMUNICATIONS and COO of the Company’s publishing group, has established a stock purchase plan in accordance with guidelines specified by Rule 10b5-1 under the Securities Exchange Act of 1934 and in accordance with the Company's policies with respect to insider trading. BRENNER established the plan during the trading window following the Company's release of its third quarter 2007 earnings on OCTOBER 23rd, 2007.
Purchases under the plan will begin no earlier than two weeks after the date the plan was entered into. BRENNER’s plan will cover the purchase of a fixed monthly dollar amount of class B shares (non-publicly traded) per month. Transactions executed by officers, directors and other designated insiders under this type of plan will not be subject to normal trading blackout periods that would otherwise be imposed by the Company.