MarketWatch: Gannett said it expects the publishing company formed by its spinoff from the media company’s broadcast operations to commence a three-year stock repurchase program set at $150 million. The new publishing company also is expected to generate an annual dividend of 64 cents after the breakup, anticipated to be completed June 29. “We will begin virtually debt-free and are well positioned to aggressively pursue marketplace synergies and gain a presence in additional local markets to broaden our scale and footprint.”