Arbitron Announces Stock Repurchase Program
November 16, 2007 at 6:24 AM (PT)
ARBITRON has authorized a stock repurchase program under which the Company may buy back up to $200 million in shares of the Company's common stock. ARBITRON expects that the shares may be purchased from time to time in either open market or private transactions, in accordance with applicable insider trading and other securities laws and regulations, at then-prevailing market prices over a period of up to two years.
As of OCTOBER 31st, 2007 the Company had approximately 28,232,700 shares outstanding
In the third quarter of 2007, ARBITRON completed a previously authorized $100 million stock repurchase program.