eHealth (EHTH) Raises Share Repurchase Plan by $30M

eHealth, Inc. (NASDAQ: EHTH) announced that its Board of Directors has authorized a $30 million increase to its existing $30 million share repurchase program that was previously announced in September 2012. The Board of Directors' current authorization increases the total aggregate amount that may be repurchased under that program to $60 million of eHealth common stock. Gary Lauer, chief executive officer of eHealth, commented, "We believe strongly in our long-term ability to generate cash flow, and we are very committed to creating value for our shareholders."

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