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CUMULUS AUTHORIZES $75 MILLION STOCK REPURCHASE PROGRAM
last edit on 09/12/2008
Cumulus Media Inc. (NASDAQ: CMLS) today announced that its Boardof Directors has authorized the purchase, from time to time, of up to$75 million of its shares of Class A Common Stock.
Repurchases may be made in the open market or through blocktrades, in compliance with Securities and Exchange Commissionguidelines, subject to market conditions, applicable legalrequirements and various other factors, including the requirements ofCumul...
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