Insight Enterprises Enters Into Stock Repurchase Agreement With Valueact Capital To Buy 600K Shares At About $126.86/Shr, With Value Totaling About $76M
Benzinga · 05/27 13:19
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Insight Enterprises, Inc. (NASDAQ:NSIT) (Insight) today announced that it has entered into a stock repurchase agreement with ValueAct Capital Master Fund, L.P. (ValueAct Capital) to buy 600,000 shares of its common stock at a price of approximately $126.86 per share, with a value totaling approximately $76 million.
Insight's purchase of the shares was made as part of its existing $300 million stock repurchase program.
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