Gaiam Inc. repurchases common stock
LOUISVILLE – Gaiam Inc. (Nasdaq: GAIA), a Louisville-based retailer of health and natural goods, has repurchased approximately 500,000 shares of its common stock, launched its Gaiam TV streaming platform and begun distributing media content into Target’s entertainment department.
This brings the total number of shares repurchased by the company to approximately 5.32 million shares, or 23.4 percent of the 22.8 million shares currently outstanding.
In September, Gaiam launched GaiamTV.com, a website that allows consumers to browse and stream content from Gaiam’s media library and to create customized fitness and yoga playlists. The content will be available on iPad and iPhone apps…
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