Cinedigm corp. announces new 10 million share stock repurchase program

Los angeles , march 1, 2023 /prnewswire/ -- cinedigm corp. (nasdaq: cidm) (the "company") today announced that the company's board of directors has approved a stock repurchase program to purchase up to an aggregate of 10 million shares of its outstanding class a common stock. acquisitions pursuant to this stock repurchase program may be made through a combination of open market repurchases in compliance with rule 10b-18 promulgated under the securities exchange act of 1934, as amended, privately negotiated transactions, and/or other transactions at the company's discretion.
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