Digitas Approves Stock Buyback

Be among trailblazing marketing pros at Brandweek this September 23–26 in Phoenix, Arizona. Experience incredible networking, insightful sessions and a boost of inspiration at ADWEEK’s ultimate brand event. Register by May 13 to save 35%.

NEW YORK The Digitas board of directors has approved a $20 million stock repurchase program under which the company is authorized to buy shares of its common stock in the open market or in private transactions over an 18-month period. The program commences on Dec. 13 and expires on June 30, 2005.

The company’s current stock repurchase program, which started in June 2002, expires on Dec. 12 [IQ Daily Briefing, June 13, 2002].

Digitas stock [DTAS] closed on the Nasdaq today at $8.40,



AW+

WORK SMARTER - LEARN, GROW AND BE INSPIRED.

Subscribe today!

To Read the Full Story Become an Adweek+ Subscriber

View Subscription Options

Already a member? Sign in