Exhibit 99.1
Graham Holdings Company Announces Stock Repurchase Authorization
ARLINGTON, VA—September 10, 2020—Graham Holdings Company (NYSE: GHC) announced today that its Board of Directors has authorized the Company to acquire up to 500,000 shares of its Class B common stock. The Company did not announce a ceiling price or time limit for the purchases.
As of September 1, 2020, there were 4,094,073 Class B shares outstanding.
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Contact: | Pinkie Mayfield | ||||
(703) 345-6450 | |||||
Pinkie.Mayfield@ghco.com |