Allscripts Healthcare (MDRX) Announces New $350M Stock Buyback Plan

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Allscripts Announces New Share Repurchase Program

May 26, 2021 8:01 AM EDT

CHICAGO--(BUSINESS WIRE)-- Allscripts Healthcare Solutions announced today that its Board of Directors has approved a new share repurchase program under which Allscripts may purchase up to $350 million of its common stock. The new share repurchase program does not have a termination date.

The new share repurchase program replaces the previously existing share repurchase program, which authorized Allscripts to repurchase $300 million of its common stock through December 31, 2021. Allscripts repurchased the entire amount available under the prior program.

"Our strong balance sheet and financial performance enable us to expand our share repurchase program, which remains an attractive... More