Books-A-Million, Inc. Announces Adoption of Rule 10b5-1 Plan by Anderson BAMM Holdings, LLC
Business Wire
Oct 01, 2009
Books-A-Million, Inc. (NASDAQ:BAMM), one of the nation's leading
book retailers, today announced that Anderson BAMM Holdings, LLC,
(“ABH”), a stockholder of the Company, has adopted a prearranged trading
plan in accordance with the guidelines specified in Rule 10b5-1 under
the Securities Exchange Act of 1934.
Under the adopted plan, ABH intends to sell up to 400,000 shares of the
1,533,302 shares it currently holds. ABH has adopted this plan in order
to assist its members' in their estate planning needs.
Books-A-Million is one of the nation’s leading book retailers and sells
on the Internet at www.booksamillion.com.
The Company presently operates 223 stores in 21 states and the District
of Columbia. The Company operates large superstores under the names
Books-A-Million and Books & Co. and traditional bookstores operating
under the name Bookland and Books-A-Million. The common stock of
Books-A-Million, Inc. is traded on the NASDAQ Global Select Market under
the symbol BAMM.
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