Web.com Group (WEB) Tops Q3 EPS by 10c, Approves $100M Buyback
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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.Â
"We are pleased to announce this expansion of our stock repurchase... More
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
