HealthStream (HSTM) Announces $30M Share Repurchase Authorization

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HealthStream Announces Share Repurchase Authorization

March 13, 2020 9:25 AM EDT

NASHVILLE, Tenn.--(BUSINESS WIRE)-- HealthStream (Nasdaq: HSTM), a leading provider of workforce and provider solutions for the healthcare industry, today announced that its Board of Directors has approved a new share repurchase program for the Companys common stock, under which the Company may repurchase up to $30 million of outstanding shares of common stock.

Pursuant to this authorization, repurchases may be made from time to time in the open market through privately negotiated transactions or otherwise, including under a Rule 10b5-1 plan, which permits shares to be repurchased when the... More