Knology Authorizes 2M Stock Repurchase Program

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Knology, Inc. KNOL today announced that on August 11, 2011, the Board of Directors authorized a repurchase program of the Company's common stock. The authorization sets the total amount available for repurchase under the program at 2,000,000 shares. Knology shares will be repurchased periodically in open market transactions or privately negotiated transactions at Knology's discretion, and subject to market conditions and other factors, including black-out periods during which the Company and its insiders are prohibited from trading in the Company's common stock. While black-out periods typically occur near the end of a fiscal quarter in anticipation of the public release of quarterly earnings, the Company may impose a black-out period at any time without advance public notice. The repurchase program may be suspended or discontinued at any time.
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