Dice Holdings Announces $50M Share Buyback Program
Dice Holdings (NYSE: DHX) today announced that its Board of Directors has authorized a stock repurchase program that permits the purchase of up to $50 million of its common stock. The new authorization is effective upon the completion of the existing $50 million repurchase program and will be in effect for one year. Under the plan, management has discretion in determining the conditions under which shares may be purchased from time to time.
In January 2013, the Board of Directors authorized the purchase of up to $50 million of its common stock. Under this plan, the Company has repurchased about 5.9 million shares of its common stock on the open market for approximately $49.4 million through December 13, 2013.