Gogo buys in own stock
Business jet in-flight broadband specialist Gogo Aviation is spending $50 million (€46.6m) on a share repurchase programme. “Our long-term capital allocation priorities are to first maintain adequate liquidity; second, invest in high-return strategic initiatives; third, carry an appropriate level of debt with a target net leverage ratio of 2.5x – 3.5x; and fourth, return capital […]