WebMD (WBMD) announces that it intends to repurchase $150M worth of its shares in a modified...

|About: WebMD Health Corp (WBMD)|By:, SA News Editor

WebMD (WBMD) announces that it intends to repurchase $150M worth of its shares in a modified Dutch auction. At the minimum price of $24.50 per share, the company would repurchase a maximum of 6.122M shares - repping close to 11% of its outstanding common shares.