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


Monday, 12 Aug 2013 07:15am EDT 

Webmd Health Corp announced that it has commenced a tender offer to purchase up to 5,000,000 shares of common stock at a price of $34.00 per share. The number of shares proposed to be purchased in the tender offer represents approximately 10% of the approximately 50.4 million shares of WebMD Common Stock outstanding as of August 9, 2013 (including shares of unvested restricted stock). The NASDAQ Official Closing Price of WebMD Common Stock on August 9, 2013 was $33.40 per share. The tender offer will expire at 5:00 p.m., New York City time, on September 10, 2013, unless extended by WebMD. 

Company Quote

38.71
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23 Oct 2014