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WBMD > SEC Filings for WBMD > Form 8-K on 20-Mar-2014All Recent SEC Filings

Show all filings for WEBMD HEALTH CORP.



Other Events

Item 8.01. Other Events.

On March 20, 2014, the amount available under WebMD's existing stock repurchase program (the "Repurchase Program") was increased by $40 million. During the first quarter of 2014, WebMD has repurchased approximately 1.4 million shares of WebMD Common Stock for an aggregate purchase price of approximately $58.7 million. After giving effect to those repurchases and the $40 million increase, approximately $51 million was available under the Repurchase Program as of the close of business on March 20, 2014. Under the Repurchase Program, WebMD may repurchase shares from time to time in the open market, through block trades or in private transactions, depending on market conditions and other factors.

As of the close of business on March 20, 2014, WebMD had approximately 39.7 million shares of its Common Stock outstanding (including approximately 1.1 million shares of unvested restricted stock).

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