Graham Holdings Announces Stock Repurchase Authorization
Rhea-AI Impact
(Moderate)
Rhea-AI Sentiment
(Neutral)
Tags
buybacks
ARLINGTON, Va.--(BUSINESS WIRE)--
Graham Holdings Company (NYSE: GHC) announced today that its Board of Directors has authorized the Company to acquire up to 500,000 shares of its Class B common stock. The Company did not announce a ceiling price or time limit for the purchases. As of April 28, 2023, there were 3,778,767 Class B shares outstanding.