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home / news releases / GNUS - Genius Brands announces buyback of common shares

GNUS - Genius Brands announces buyback of common shares

Genius Brands International Inc.
  • Genius Brands International ( NASDAQ: GNUS ) has repurchased 419,336 shares of common stock in a private transaction from an entity owned by Harold and Jennifer Chizick, former executives of the Co.
  • This share repurchase was made in connection with a comprehensive settlement agreement resolving certain employment-related claims by Harold and Jennifer Chizick against the Company as well as the counterclaim by the Company against the Chizicks.
  • "Also, the significant premium to the market price, $1.99 per share, underscores our confidence in our rapidly growing business and the future." said Genius Brands spokesperson.

For further details see:

Genius Brands announces buyback of common shares
Stock Information
Company Name: Genius Brands International Inc.
Stock Symbol: GNUS
Market: NASDAQ
Website: gnusbrands.com
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