Reported 1 day ago
Insight Enterprises has announced a stock repurchase agreement with ValueAct Capital to buy 600,000 shares of its common stock at around $126.86 per share for a total of approximately $76 million, as part of its $300 million stock repurchase program. CEO Joyce Mullen stated that this move optimizes the company's capital structure and enhances shareholder value, while continuing the relationship with ValueAct Capital.
Source: YAHOO