Market Overview

HMS Holdings. Announces $50M Share Repurchase Program

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HMS Holdings (NASDAQ: HMSY) today announced that its Board of
Directors has authorized the repurchase of up to $50.0 million of the
company's common stock from time to time on the open market or in
privately negotiated transactions, for a period of up to two years.

Commenting on the repurchase, Bill Lucia, Chief Executive Officer of HMS
Holdings, said, "This share repurchase program demonstrates our
continued confidence in the company's long-term strategic growth plan
and reflects our strong belief in the intrinsic value of the company's
common stock."

The timing and amount of any shares repurchased will be determined by
the company's management based on its evaluation of market conditions

See full press release

Posted-In: News Guidance

 

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