DG FastChannel Announces $30 Million Stock Repurchase

DG Fastchannel Inc., a leading provider of digital media services to the advertising, entertainment and broadcast industries, has announced a $30 million stock repurchase program.

Chairman and CEO Scott Ginsburg said “We believe this share repurchase program is a good use of our cash, reflecting our strong belief in the value and opportunity for DG FastChannel.”

According to their website, DG FastChannel is the nation’s leading provider of digital media services to the advertising industry and operates the largest network designed specifically for spot distribution. The company digitally delivers over six million television and radio commercials each year for more than 5,000 national advertisers and advertising agencies.