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EGHT Buyback image

8x8, Inc. Buyback

OLI recorded this information on 3/2/2015

Company: 8x8, Inc.
Buyback: EGHT buyback
$Amount Authorized: $20,000,000
Buyback Details: 8x8, Inc. (NASDAQ:EGHT), a leading provider of cloud-based unified communications and contact center solutions, today announced that its Board of Directors has approved a new share repurchase program authorizing up to $20 million in repurchases of the Company's outstanding shares of common stock. 8x8 had $187.9 million in cash, cash equivalents and investments as of December 31, 2014.

8x8 is a Software-as-a-Service provider of voice, video, chat, contact center, and application programmable interface (API) solutions powered by one cloud communications platform. Co. provides its customers a portfolio of voice, video, contact center, chat and team collaboration, communication APIs and business analytics solutions which include: 8x8 Virtual Office, which is a self-contained end-to-end solution that delivers voice, secure video meetings and unified communications-as-a-service globally; and 8x8 Meetings, which is a cloud-based video conferencing and collaboration solution that enables secure collaboration with video and audio communications from mobile and desktop devices.

EGHT SEC Filing Email Alerts Service

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Company Name: 
8x8 Inc
Stock buyback: 
EGHT buyback
Website: 
www.8x8.com
Sector: 
Application Software
Number of ETFs Holding EGHT: 
56
Total Market Value Held by ETFs: 
$601.73M
Total Market Capitalization: 
$2.71B
% of Market Cap. Held by ETFs: 
22.22%
 

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Quotes delayed 20 minutes



Buy (2.87 out of 4)
18th percentile
(ranked lower than approx. 82% of all stocks covered)

Analysts' Target Price:
EGHT Stock Forecast

Based on Zacks ABR data;
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