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American Greetings Announces Authorization For $75 Million Share Repurchase Program

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Fuseworks Media
Fuseworks Media
American Greetings Announces Authorization For $75 Million Share Repurchase Program

CLEVELAND, Jan. 14 /PRNewswire-AsiaNet/ --

American Greetings Corporation (NYSE: AM) today announced that its Board of Directors has authorized the repurchase of up to $75 million of Class A common shares. The share repurchases are currently expected to be made through open market purchases or privately negotiated transactions as market conditions warrant, at prices the Company deems appropriate, and subject to applicable legal requirements and other factors. There is no set expiration date for this program.

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