Actua Corp. (ACTA) Tops Q4 EPS by 2c
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Actua Announces Fourth Quarter and Full-Year 2016 Financial Results
March 9, 2017 8:30 AM ESTRADNOR, Pa., March 09, 2017 (GLOBE NEWSWIRE) -- Actua Corporation (Nasdaq: ACTA) (Actua) today reported its results for the fourth quarter and year ended December 31, 2016.
2016 Highlights
Sold GovDelivery, resulting in proceeds to Actua of approximately $133 million and related gain of $124 millionRepurchased 5.6 million shares of Actua stock in 2016 for $73.7 million, including 4.6 million shares for approximately $64 million ($14.00 per share) through a modified Dutch... More