Blucora, Inc. Buyback
OLI recorded this information on 12/9/2021
Company:
Blucora, Inc.
Buyback:
BCOR buyback
$Amount Authorized:
$100,000,000
Buyback Details:
Blucora, Inc. (NASDAQ: BCOR), a leading provider of technology-enabled, tax focused financial solutions, today announced that its Board of Directors has authorized the repurchase of an additional $28.3 million of shares under its repurchase program, bringing the total authorized repurchases under the program to $100 million of its shares of common stock.
Blucora is a provider of integrated tax-focused wealth management services and software. Co. has two reportable segments: the Wealth Management and the Tax Software. The Wealth Management segment provides tax-focused wealth management solutions for financial professionals, tax professionals, certified public accounting (CPA) firms, and their clients, and operates as a captive, or employee-based, registered investment advisor and wealth management business that partners with CPA firms. The Tax Preparation segment provides digital tax preparation solutions for consumers, small business owners, and tax professionals through its website www.TaxAct.com, and its mobile applications.
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Avg. Broker Rec.
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Strong Buy (4.00 out of 4) 100th percentile
(ranked higher than approx. 100% of all stocks covered)
Analysts' Target Price: BCOR Stock Forecast Based on Zacks ABR data; powered by Xignite |
