INVESTools Extends Term of Stock Repurchase Program by Two Years
20 Junho 2006 - 8:30AM
Business Wire
INVESTools Inc. (NASDAQ:IEDU), the market leader in fulfilling the
lifelong education needs of self-directed investors, today
announced that its Board of Directors approved an extension of the
Company's existing stock repurchase program for an additional two
year period. Under the stock repurchase program, which was
originally approved by the Board in June 2004, INVESTools could
acquire up to 3.5 million shares of its outstanding common stock
over a two year period. The plan allowed for purchases to be made
from time to time in the open market, in block purchases or in
privately negotiated transactions, depending on market conditions,
share price and other factors. To date, the Company has purchased
1,557,603 shares of its common stock under the plan. About
INVESTools Inc. INVESTools offers a full range of investor
education products and services that provide lifelong learning in a
variety of interactive delivery formats, including instructor-led
online courses, in-person workshops, "at home" study programs,
one-on-one and group online coaching sessions and telephone,
live-chat and email support. Approximately 224,000 investors around
the world have graduated from INVESTools' investor education
programs. Log on to http://www.investools.com to learn more about
the INVESTools Method(TM) -- one of the most widely recognized,
adopted and endorsed approaches to investor education. All
statements in this press release that are not historical are
forward-looking statements within the meaning of Section 21E of the
Securities Exchange Act of 1934. Such forward-looking statements
may be identified by words such as "believe", "intend," "expect",
"may", "could", "would", "will", "should", "plan", "project",
"contemplate", "anticipate", or similar statements. Because these
statements reflect the Company's current views concerning future
events, these forward-looking statements are subject to risks and
uncertainties. The Company has made every reasonable effort to
ensure that the information and assumptions on which these
statements and projections are based are current, reasonable, and
complete. However, a variety of factors could cause actual results
to differ materially from the projections, anticipated results or
other expectations expressed in this release, including, without
limitation, the success of brand development efforts and strategic
alliances; demand for the Company's products and services; the
ability to compete effectively and adjust to changing market
conditions; inability to protect the Company's proprietary
technology; difficulties or delays in developing improved products
when expected or desired and with the additional features
contemplated or desired; the potential for intellectual property
infringement, warranty, product liability, and other claims; the
uncertainties associated with governmental regulation; the outcome
of pending litigation and other factors detailed from time to time
in the SEC reports of INVESTools Inc. The Company assumes no
obligation to publicly update or revise any forward-looking
statements made herein or any other forward-looking statements made
by the Company, whether as a result of new information, future
events, or otherwise.
Investools Inc. (MM) (NASDAQ:IEDU)
Gráfico Histórico do Ativo
De Ago 2024 até Set 2024
Investools Inc. (MM) (NASDAQ:IEDU)
Gráfico Histórico do Ativo
De Set 2023 até Set 2024
Notícias em tempo-real sobre Investools Inc. (MM) da NASDAQ bolsa de valores: 0 artigos recentes
Mais Notícias de INVESTools Inc.