NXGN - NextGen Healthcare authorizes $60M share repurchase program
NextGen Healthcare (NASDAQ:NXGN) has authorized a share repurchase program for up to $60M through March 2023. The company currently has approximately 67 million shares outstanding. "We believe that the share repurchase program announced today represents an appropriate and strategic use of the company's cash, while retaining sufficient flexibility to fund future expenditures, including acquisition and partnership opportunities as well as investments in research and development," CEO David Sides said.
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NextGen Healthcare authorizes $60M share repurchase program