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Mann Center For The Performing Arts Flash News
This was partially offset bythe repurchase of 172,397 shares for $1.6 million related to the stockrepurchase plan and a dividend amounting to $1.5 million declared on January 27,2009. As previously reported, the Board of Directors voted to authorize thecommencement of a repurchase program on January 22, 2008 authorizing the Companyto repurchase up to 3,194,000 shares, or ten percent of its outstanding sharesof common stock. At March 31, 2009, the Company had repurchased a total of1,211,418 shares pursuant to this program. Credit QualityNonperforming loans decreased $3.0 million to $5.8 million at March 31, 2009compared to $8.8 million at December 31, 2008.
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The venue operates as both an indoor performance hall and an outdoor music venue.
The venue has a total seating capacity of 14,000 with 4,700 seats under the roof and over 8,600 outside.The building first opened in 1976 as the Robin Hood Dell West, a companion facility to Fairmount Park's original performance band shell, the Robin Hood Dell. It was created as an outdoor performance venue during the summer months for the Philadelphia Orchestra.In 1978, the facility was renamed "Mann Center for the Performing Arts" in honor of Frederic R.Mann, a Philadelphia businessman who supported the cause of summer musical performances in Fairmount Park.Music venues in Philadelphia, Pennsylvania.
The Mann Center for The Performing Arts is a 14,000 (approx.) seat summer musical venue located in Philadelphia's West Fairmount Park.
The building first opened in 1976 as the summer performance home for The Philadelphia Orchestra and has since hosted numerous performances from several well-known musical groups.
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