CENTRAL NEWSPAPERS AUTHORIZES 1,000,000 SHARE REPURCHASE.INDIANAPOLIS--(BUSINESS WIRE)--March 19, 1996--Central Newspapers, Inc. board of directors authorized au·thor·ize tr.v. au·thor·ized, au·thor·iz·ing, au·thor·iz·es 1. To grant authority or power to. 2. To give permission for; sanction: the repurchase of up to 1,000,000 shares of the corporation's Class A stock, Louis A. Weil, III, president and chief executive officer, announced today. The shares may be purchased within the next three years on the open market or in privately negotiated transactions. Central currently has 26.6 million combined Class A and equivalent Class B shares outstanding. Central Newspapers is a media company that publishes daily, Sunday and weekly newspapers including the Arizona Republic and The Gazette in metropolitan Phoenix, Arizona Phoenix /ˈfiːˌnɪks/ (English: Phoenix, Navajo: Hoozdo, lit. "the place is hot", Western Apache: Fiinigis) is the capital and the most populous city of the U.S. ; The Star and The News in Indianapolis, Indiana “Indianapolis” redirects here. For other uses, see Indianapolis (disambiguation). Indianapolis (IPA: [ˌɪndiəˈnæpəlɪs]) is the capital city of the U.S. , and the Daily Town Talk in Alexandria, Louisiana Alexandria is a city in Louisiana and the parish seat of Rapides Parish. [1] [2] It lies on the south bank of the Red River in almost the exact geographic center of the state. , as well as smaller community papers in Indiana and Louisiana. It is the 15th largest U.S. newspaper company in terms of circulation. CONTACT: ARTHUR SCHMIDT & ASSOCIATES, INC. 212/953-5555 |
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