blackout period


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Blackout period

A period of time before the earnings release of a public company during which its directors and specific employees deemed insiders cannot trade the company’s stock.

Blackout Period

The period of time during which an employee may not make any changes to his/her employer-sponsored retirement plan. This usually occurs when the plan is being restructured or when administrative changes are being made. For example, a company may institute a blackout period if it is moving management of its retirement plans to a different brokerage. A blackout period normally lasts approximately 60 days. It is also called the lockdown.

blackout period

1. The time period prior to the release of financial information during which certain employees of a public company are prohibited from trading in the firm's stock. See also window period.
2. See lockdown.
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ERISA fiduciaries would only be liable for losses in participant accounts during a blackout period that resulted from imprudent investment decisions.
401(K) CONVERSIONS: LEGAL, FIDUCIARY, AND PRACTICAL CONSIDERATIONS
A blackout period does not include a suspension, limit or restriction (1) due to the application of the securities laws, (2) regularly scheduled to occur and already disclosed to participants or (3) pursuant to a qualified domestic relations order.
DOL issues Enron-driven "blackout" rules
corporate bond update: moderate issuance is expected for this abbreviated week with a couple of banks headlining today now that they are out of their blackout period.
U.S. corporate bond update: moderate issuance is expected
Additionally, the company mentioned that the Rule 10b5-1 repurchase plan allows it to buy back its shares when it would normally not be active in the market, due to its internal trading blackout period.
NorthEast Community Bancorp declares third stock buy back programme
Such purchases will be determined by the broker in its sole discretion based on parameters established by TELUS prior to any blackout period in accordance with TSX rules, applicable securities laws and the terms of the agreement between the broker and TELUS.
Canada : TELUS announces approval of Normal Course Issuer Bid for purchase in 2013 of up to $500 million of TELUS shares
The GBP5 seats will be valid for travel from Saturday 1 March 08 until Wednesday 30 April 2008, with a blackout period of 19 March 2008 - 26 March 2008 all routes.
Sale fares announced by Ryanair
It will be based upon the parameters that allow the company to buy back its shares during periods when normally it would not be active in the market as a result of an internal trading blackout period, the company added.
Ocean Shore Holding's board authorises buy back of up to 210,000 common stock
Such purchases will be determined by the broker in its sole discretion, based on parameters that are established by Essential prior to any blackout period.
Canada : Essential energy services announces a normal course issuer bid and an automatic share purchase pla
This plan allows for stock buybacks in periods when Polonia would usually not be active in the market due to its internal trading blackout period, the company added.
Polonia board gives nod to stock buyback

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