Entravision Doubles Buyback Authorization

Adds To Buyback

ENTRAVISION COMMUNICATIONS CORPORATION's Board of Directors has approved the extension of its share repurchase program announced in AUGUST, adding an additional $10 million authorization to the buyback program.  The addition brings the total maximum repurchase authorization to $20 million.  So far, the company has bought back 2 million shares of Class A common stock for an aggregate of about $9.1 million.

Chairman/CEO WALTER ULLOA said, "We are pleased to announce the extension of our repurchase program, which brings the total authorization under this program to $20 million.  We are committed to returning value to our shareholders through our dividend and repurchase programs and remain well positioned to execute on our strategic plan and drive long-term value creation."

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