National CineMedia, Inc. Chairman and CEO Purchased 29,000 Shares of the Company's Common Stock.
CENTENNIAL, Colo. -- National CineMedia, Inc. (NASDAQ: NCMI) (the "Company") announced today that Kurt Hall, Chairman, President and Chief Executive Officer, purchased 29,000 shares of the Company's common stock at an average price per share of approximately $12.30 in accordance with the Company's insider trading policies regarding stock transactions. Before the acquisition, Mr. Hall terminated his pre-arranged stock selling plan (the "Plan") under Rule 10b5-1 of the Securities Exchange Act of 1934, as amended, that was previously put in place by Mr. Hall for personal financial management purposes. The Plan was terminated to avoid an inadvertent sale of the Company's securities within six months of shares purchased by Mr. Hall today.
|Printer friendly Cite/link Email Feedback|
|Date:||Aug 9, 2011|
|Previous Article:||ELS Announces Closing on $100 Million Secured Financing.|
|Next Article:||Griffon Corporation Completes Exchange Offer For 71/8% Senior Notes Due 2018.|