As an indication of forward-thinking and proactivity, The New York Times declared that its board had authorized a generous stock buyback program last February 8th. Managing flagship brands such as “The New York Times,” “NYTimes.com,” and popular mobile applications puts them at the forefront of media organizations worldwide. Investors and Analysts Offer Mixed Reviews for The New York Times Co. Furthermore, CFO Roland A. Caputo sold 12,500 shares of New York Times stock in early February, totaling $493,000. Meanwhile, CEO Levien Meredith A. Kopit sold 29,758 shares of New York Times stock in mid-February at an average price of $40.05 per share.

Source: New York Times April 13, 2023 08:48 UTC