Key Developments: XO Group Inc (XOXO.N)
10.05USD
23 May 2013
$-0.07 (-0.69%)
$10.12
$10.07
$10.17
$10.05
1,097
25,841
$11.83
$7.22
Latest Key Developments (Source: Significant Developments)
XO Group Inc Announces New $20 Million Stock Repurchase Program
XO Group Inc announced that its Board of Directors has authorized a new repurchase program of up to $20 million of the Company's common stock from time to time on the open market or in privately negotiated transactions. The timing and amount of any shares repurchased will be determined by the Company's management based on its evaluation of market conditions and other factors. The repurchase program may be suspended or discontinued at any time. Full Article
XO Group Inc. Announces New $20 Million Stock Repurchase Program
XO Group Inc. announced that its Board of Directors has authorized a new repurchase program of up to $20 million of the Company’s common stock from time to time on the open market or in privately negotiated transactions. The Company also announced it had completed the prior program announced in August 2011 to repurchase $20 million of the Company’s common stock. The repurchase program will be funded using the Company’s working capital. As of September 30, 2011, the Company had cash and cash equivalents of approximately $84.0 million and approximately 29.0 million shares of common stock outstanding. Full Article
XO Group Inc. Announces $20 Million Stock Repurchase Program
XO Group Inc. announced that its Board of Directors has authorized the repurchase of up to $20 million of the Company’s common stock from time to time on the open market or in privately negotiated transactions. The Company also announced it had completed the program announced in February 2010 to repurchase $50 million of the Company’s common stock. The timing and amount of any shares repurchased will be determined by the Company’s management based on its evaluation of market conditions and other factors. The repurchase program may be suspended or discontinued at any time. The repurchase program will be funded using the Company’s working capital. Under the prior program, the Company repurchased 3,671,526 shares of common stock for approximately $37.7 million in a privately negotiated transaction with Macy’s, Inc. in February 2011, and 1,260,300 shares of common stock for approximately $12.3 million on the open market between May 2011 and August 2011. Full Article
The Knot to Change Name to XO Group Inc. and Transfer Listing to NYSE
The Knot, Inc. announced that it had received stockholder approval to change the company’s name to XO Group Inc. The company also announced today that its common stock listing is pending transfer to the New York Stock Exchange (NYSE) from the Nasdaq Stock Market. The company’s common stock has been authorized for listing and is scheduled to begin trading on the NYSE on June 28, 2011, under the new trading symbol XOXO. At the close of business on the preceding day, the company will legally change its name to XO Group Inc. The last trading day on Nasdaq under the name The Knot, Inc. and the symbol KNOT is expected to be June 27, 2011. Full Article
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