Brief: Corvel Announces Expansion Of Stock Repurchase Program

CorVel

12/02/2019 11:49

Feb 12 (Reuters) - CorVel Corp  CRVL.O :
    * CORVEL ANNOUNCES EXPANSION OF STOCK REPURCHASE PROGRAM
    * CORVEL CORP - APPROVED A 1 MILLION SHARE EXPANSION TO ITS
EXISTING STOCK REPURCHASE PROGRAM
    * CORVEL CORP -  ENTERED INTO A PRE-ARRANGED STOCK TRADING
PLAN TO
REPURCHASE SHARES OF ITS COMMON STOCK COMMENCING FEBRUARY 19
THROUGH JUNE 21
    * CORVEL CORP - INCREASE IN BUYBACK PROGRAM WOULD COST ABOUT
ADDITIONAL $63 MILLION ON FULL REPURCHASE OF SHARES
    * CORVEL CORP - AS OF DECEMBER 31, 2018, COMPANY HAD $96
MILLION
IN CASH ON BALANCE SHEET AND NO DEBT

Source text for Eikon:  ID:nGNX5s2lJK 
Further company coverage:  CRVL.O 

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