Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers T > Headlines for Tenders 2011 > News item |
GameStop authorizes further $500 million for debt, stock repurchases
By Toni Weeks
San Diego, Feb. 4 - GameStop Corp.'s board of directors has authorized an additional $500 million for its share and debt repurchase program, according to a press release.
This authorization replaces the $300 million plan announced in September 2010, of which $138.4 million remained available for use.
The funds will be used over the next 18 months to repurchase the company's stock and/or senior notes.
Based in Grapevine, Texas, GameStop is a video game and entertainment software retailer.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.