Seeking Alpha

WebMD repurchases remaining Icahn stake

  • WebMD (WBMD) repurchases Carl Icahn's remaining 5.5M share stake in the company at $32.08/share for a total of $177.3M.
  • After the purchase, WebMD has 40.4M shares outstanding, $550M in cash, and $652M in convertible notes. $54M remains available under the company's share repurchase authorization.
  • Previous: Icahn-backed WebMD board member resigns
From other sites
Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs