Previous Close | 2.3200 |
Open | 2.3000 |
Bid | 2.2800 x 900 |
Ask | 2.2900 x 1100 |
Day's Range | 2.2550 - 2.3100 |
52 Week Range | 1.2500 - 6.3800 |
Volume | |
Avg. Volume | 1,107,422 |
Market Cap | 332.491M |
Beta (5Y Monthly) | 2.52 |
PE Ratio (TTM) | 56.90 |
EPS (TTM) | 0.0400 |
Earnings Date | Feb 22, 2023 - Feb 27, 2023 |
Forward Dividend & Yield | N/A (N/A) |
Ex-Dividend Date | Oct 31, 2019 |
1y Target Est | 2.05 |
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USA Today publisher Gannett Co. Inc. (GCI) said Friday it has used the proceeds of real estate sales totaling $21.3 million in January to reduce first lien debt by $22.3 million. “We expect to sell another $50 million to $60 million in real estate and other assets in 2023, the proceeds of which we expect to use to pay down debt,” Chief Executive Michael Reed said in a statement. “:As a result, we expect to reduce our debt within the year by approximately $120 million through the sale of real estate and other assets, along with our scheduled quarterly amortization payments.”
MCLEAN, Va., February 03, 2023--Gannett Co., Inc. ("Gannett", "we", "us", "our", or the "Company") (NYSE: GCI) announced today that the Company used proceeds of $21.3 million from real estate sales completed in January 2023 to reduce its first lien debt by $22.3 million. Approximately $5.0 million of the proceeds were used to repurchase approximately $6.1 million of 6.00% first lien notes due November 1, 2026 (the "2026 Senior Notes"), representing a discount to par. The remaining $16.3 million
MCLEAN, Va., January 27, 2023--USA TODAY NETWORK Ventures, part of Gannett Co., Inc. (NYSE: GCI) announces the PLANTERS® brand Legends Party presented by BetMGM and Smirnoff with the NFL Alumni Association and the USA TODAY Network. Hosted by former NFL Tight Ends Rob Gronkowski and Vernon Davis, with special guests Fox NFL Kickoff Host Charissa Thompson and actor and comedian Michael Rapaport, the event will take place on Friday, February 10 at 6 p.m. MST at Gila River Resorts & Casino - Wild H