Cogent to Restart Stock Buyback Program
The Board of Directors of Cogent Communications announced that it has determined to allow management to resume the company's stock repurchase program. The company may purchase shares from time to time depending on market, economic, and other factors. Cogent's stock repurchase program does not obligate the company to acquire any specific number of shares, and there can be no guarantee as to the amount of shares that may be repurchased pursuant to the program, if any.