other material
confidence high
sentiment positive
materiality 0.40
Anterix authorizes $50M share repurchase program over two years
Anterix Inc.
- Board authorized repurchase of up to $50M of common stock on or before September 29, 2023.
- Repurchases may be made via open market or privately negotiated transactions.
- As of June 30, 2021, company had $106M in cash and equivalents to fund repurchases.
- Outstanding shares as of July 31, 2021: 18,116,430.
- CEO cites confidence in business momentum and cash flow as rationale.