Blucora Provides Update on Share Repurchase Program
Blucora, Inc. (BCOR)
Last blucora, inc. earnings: 2/19 06:30 am
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Source: GlobeNewswire
IRVING, Texas, Aug. 16, 2019 (GLOBE NEWSWIRE) -- Blucora, Inc. (NASDAQ: BCOR), a leading provider of tax-smart financial solutions that empower people’s goals, today announced that it has recently completed its first repurchases of common shares under its $100 million share repurchase authorization. Blucora repurchased approximately 272,000 shares of its common shares at an average price of approximately $23.13 per share. The purchases were made under the authorization that was approved by the Board of Directors on March 19, 2019. In addition, the company announced the establishment of a 10b5-1 trading plan to assist the company in repurchasing additional shares under the repurchase program. Repurchases under the plan may begin on September 15, 2019 and may continue until December 31, 2019. Any repurchases made under the plan are subject to Securities and Exchange Commission regulations, as well as certain price, volume, and timing considerations specified in the plan. About Bl
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