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Web.com Group (WEB) Tops Q3 EPS by 10c, Approves $100M Buyback

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Web.com Announces $100 Million Addition to Stock Repurchase Authorization

November 3, 2016 4:06 PM EDT

JACKSONVILLE, Fla., Nov. 03, 2016 (GLOBE NEWSWIRE) -- Web.com Group, Inc. (Nasdaq: WEB), a leading provider of Internet services and online marketing solutions for small businesses, today announced that its Board of Directors has increased Web.coms current stock repurchase plan by $100 million and extended the expiration date to December 31, 2018. 

"We are pleased to announce this expansion of our stock repurchase... More

Web.com Reports Third Quarter 2016 Financial Results

November 3, 2016 4:05 PM EDT

Reduced debt by $23.0 millionGenerated $44.5 million in operating cash flow, up 26% year over yearAdded $100 million to stock repurchase authorization and extended to end of 2018

JACKSONVILLE, Fla., Nov. 03, 2016 (GLOBE NEWSWIRE) -- Web.com Group, Inc. (NASDAQ: WEB), a leading provider of Internet services and online marketing solutions for small businesses, today announced results for the third... More