A. H. Belo Corporation Announces Robert Decherd Stock Purchase
A.H. Belo Corp (AHC)
US:NYSE Investor Relations:
investor.ahbelo.com
Company Research
Source: GlobeNewswire
DALLAS, Feb. 20, 2020 (GLOBE NEWSWIRE) -- A. H. Belo Corporation (NYSE: AHC) said today that Robert W. Decherd, the Company’s chairman, president and Chief Executive Officer, has acquired 125,844 shares of the Company’s Series B stock and 2,000 shares of Series A stock in private transactions with members of the Moroney family. With these purchases, Decherd and The Decherd Foundation own 91.6 percent of the Company’s Series B shares and his total voting power is approximately 52.6 percent. Except for an additional purchase of 1,000 Series A shares expected to be made next week in a private transaction, Decherd has no plans to acquire additional shares of Series A or Series B stock in the foreseeable future. About A. H. Belo Corporation A. H. Belo Corporation is the leading local news and information publishing company in Texas. The Company has commercial printing, distribution and direct mail capabilities, as well as a presence in emerging media and digital marketing. While focus
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