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Webmd Health Corp Announces Intention To Commence Tender Offer To Repurchase Up To 5,000,000 Shares Of Its Common Stock

Tuesday, 6 Aug 2013 04:53pm EDT 

Webmd Health Corp announced that it intends to commence a tender offer within the next week to purchase up to 5,000,000 shares of its common stock at a price per share of $34.00. The number of shares proposed to be purchased in the tender offer represents approximately 10% of WebMD's currently outstanding common shares. The NASDAQ Official Closing Price of WebMD's common stock on August 6, 2013 was $33.14 per share. 

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0.58 +1.26%
4:00pm EDT