eHealth Buyback
OLI recorded this information on 3/31/2014
Company:
eHealth
Buyback:
EHTH buyback
$Amount Authorized:
$50,000,000
Buyback Details:
eHealth, Inc. (NASDAQ: EHTH) (www.ehealth.com), the nation's first and largest private online health insurance exchange, today announced that its Board of Directors authorized a stock repurchase program, pursuant to which the company may purchase up to $50 million of its common stock.
eHealth is a health insurance marketplace with a technology and service platform that provides consumer engagement, education and health insurance enrollment solutions. Co.'s segments are: Medicare, in which Co. markets a selection of Medicare-related health insurance plans, and to a lesser extent, ancillary products such as dental and vision insurance, to its Medicare-eligible consumers; and Individual, Family and Small Business, in which Co. markets individual and family health insurance and small business health insurance plans through its ecommerce platform, and markets a variety of ancillary products, including but not limited to, short-term limited duration, dental and vision plans.
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Hold (2.00 out of 4) 0th percentile
(ranked lower than approx. 100% of all stocks covered)
Analysts' Target Price: EHTH Stock Forecast Based on Zacks ABR data; powered by Xignite |