Does Viacom have a share buyback program?
On December 12, 2005, the Board of Directors approved a $3 billion stock purchase program, under which the company is authorized from time to time to acquire its Class A and Class B common stock. The buyback became effective with the split and commenced on January 3, 2006. The program will be financed using existing cash and available borrowings. For more information, you can contact Viacom’s Investor Relations department at 1-800-516-4399.
