Snyder Stock Stays Stuck

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Buyback Vote, Acquisition Fail To Halt Decline
BOSTON–Snyder Communications’ moves to acquire its first overseas agency and a $100 million share repurchase plan may have fueled chairman Daniel Snyder’s global ambitions. But neither action propped up the company’s flagging stock price.
Snyder’s stock was trading at around $33 at press time, continuing a recent decline after selling as high as $54 in the last year.

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