Echo Global Logistics (ECHO) Announces $50M Stock Buyback
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Echo Global Logistics, Inc. Announces Common Stock and Convertible Note Repurchase Program
December 29, 2015 4:01 PM ESTCHICAGO, IL -- (Marketwired) -- 12/29/15 -- Echo Global Logistics, Inc. (NASDAQ: ECHO), a leading provider of technology-enabled transportation and supply chain management services ("Echo" or the "Company"), today announced that its Board of Directors has approved a repurchase program for up to an aggregate of $50 million of the Company's outstanding common stock and 2.50% convertible senior notes due 2020, through December 31, 2017.
Under the program, purchases may be made from time to time in the open market, or through privately negotiated transactions, block transactions, or other techniques, as determined by the Company's management and in accordance with... More
