Allscripts (MDRX) Approves $150M Buyback
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Allscripts Announces Share Repurchase Program
November 30, 2015 4:30 PM ESTCHICAGO, Nov. 30, 2015 (GLOBE NEWSWIRE) -- Allscripts Healthcare Solutions announced today that its Board of Directors approved a share repurchase program under which Allscripts may purchase up to $150 million of its common stock through December 31, 2018.
Repurchases will be made from cash on hand as well as a portion of the free cash flow expected to be generated from the business over the next three years. The share repurchase program is intended, in part, to offset the dilution created by previous management equity grants.
Allscripts plans to repurchase shares from time to time in the open market or in privately... More
