Rentrak Authorizes $5 Million Share Repurchase Program

Rentrak Corporation RENT today announced that its Board of Directors has authorized a one-year share repurchase program for up to $5.0 million of Rentrak's outstanding common stock. Common stock repurchases may be made from time to time in the open market at prevailing market prices or through privately negotiated transactions. The amount and timing of all repurchase transactions will be contingent upon market conditions, regulatory requirements and alternative investment opportunities.