Shares of inflight internet provider, Gogo Inc. (GOGO) are up more than 5% Friday morning after the company said it has agreed to repurchase 1.5 million shares owned by affiliates of BlackRock Inc. for about $18 million or $12.23 per share, to be paid in cash.
The transaction is expected to close on September 21.
GOGO is at $12.88 currently. It has traded in the range of $11.73-$23.69 in the last 52 weeks.
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December 19, 2025 15:10 ET U.S. inflation data and interest rate decisions by major central banks were the highlights of this busy week for economics news flow. Employment data and survey results on the housing markets also gained attention in the U.S. In Europe, the European Central Bank and Bank of England announced their policy decisions and macroeconomic projections.