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Stock impact report

HealthStream Announces Share Repurchase Authorization

HealthStream, Inc. (HSTM) 
Last healthstream, inc. earnings: 4/27 04:30 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.healthstream.com
Company Research Source: Business Wire
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 Company’s 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 Company might otherwise be precluded from doing so under insider trading laws in accordance with specific prearranged terms related to timing, price, and volume (among others), without further direction from the Company. In addition, any repurchases under the authorization will be subject to prevailing market conditions, liquidity and cash flow considerations, applicable securities laws requireme Show less Read more
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