H&R Block Announces Commencement of Self-Tender Offer for up to $1,500,000,000 of Its Common Stock

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H&R Block (HRB) Announces Commencement of $1.5B Common Stock 'Modified Dutch Auction' Tender

September 2, 2015 9:04 AM EDT

H&R Block (NYSE: HRB) announced that it is commencing its previously announced "modified Dutch auction" tender offer for up to $1,500,000,000 of its common stock at a price per share not less than $32.25 and not greater than $37.00. The tender offer will expire at 5:00 P.M., New York City time, on Friday, October 2, 2015, unless extended by the company. Tenders of shares must be made on or prior to the expiration of the tender offer and may be withdrawn at any time prior to the expiration of the tender offer, in each case, in accordance... More