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Franklin Covey Initiates Purchase Of Common Stock Under Previously Announced Plan

Franklin Covey Co. (NYSE: FC): In March of 2012, the Franklin Covey Co. Board of Directors approved a stock repurchase program to repurchase up to $10 million of its outstanding shares of common stock. The shares repurchases may be made from time-to-time through open market transactions, block trades, privately negotiated transactions, or otherwise, and are subject to market conditions, as well as corporate, regulatory, and other considerations.

The Company is pleased to announce that today it initiated stock repurchases under the program.

About Franklin Covey Co.

Franklin Covey Co. (NYSE:FC) ( www.franklincovey.com), is a global provider of training and consulting services in the areas of leadership, productivity, strategy execution, customer loyalty, trust, sales performance, government, education and individual effectiveness. Over its history, Franklin Covey has worked with 90 percent of the Fortune 100, more than 75 percent of the Fortune 500, and thousands of small and mid-sized businesses, as well as numerous government entities and educational institutions. Franklin Covey has more than 40 direct and licensee offices providing professional services in over 140 countries.

Copyright Business Wire 2010

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