Emerald Holding: Jumps on $20 mln share buyback program

Emerald Holding

06/10/2020 10:46

** Trade show operator's shares  EEX.N  up 16.3% at $2.7
premarket 
    ** Co's board authorizes the repurchase of up to $20 mln of
co's common stock  urn:newsml:reuters.com:*:nBw5Dl8PZa
    ** The buyback is expected to continue through the end of
2021
    ** "Based on current market prices, we believe that the
repurchase program is in the best interests of our
shareholders"- Emerald CEO 
    ** Up to Monday's close, stock down ~78% YTD 

 (Reporting by Shivani Kumaresan in Bengaluru)
 ((Shivani.Kumaresan@thomsonreuters.com ; +1 646 223 8780;))