Meredith To Buy Back More Stock
May 12, 2006 at 6:19 AM (PT)
MEREDITH CORP.'s board has approved a buyback of up to 2.5 million shares as part of its existing share repurchase plan. The company also announced a quarterly dividend of 16 cents/share, payable JUNE 15 to shareholders of record as of MAY 31.
MEREDITH has one radio station in its portfolio, News-Talk WNEM-A/SAGINAW.