Anterix announces new $250M share repurchase program

Anterix announced that its Board of Directors has authorized a new share repurchase program under which the company may repurchase up to $250M of its outstanding shares of common stock over a three-year period. This Board authorization builds upon the company’s previous share repurchase authorization, which was approved in September 2021 and expires September 29, 2023. Under that program, approximately $34M of Anterix’s stock has been repurchased, of which approximately $11M was spent in the current quarter.