Investools Inc. (MM) (NASDAQ:IEDU)
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From Jun 2019 to Jun 2024
INVESTools Inc. (NASDAQ:IEDU), the market leader in
fulfilling the lifelong education needs of self-directed investors,
today announced that its Board of Directors approved an extension of
the Company's existing stock repurchase program for an additional two
year period.
Under the stock repurchase program, which was originally approved
by the Board in June 2004, INVESTools could acquire up to 3.5 million
shares of its outstanding common stock over a two year period. The
plan allowed for purchases to be made from time to time in the open
market, in block purchases or in privately negotiated transactions,
depending on market conditions, share price and other factors. To
date, the Company has purchased 1,557,603 shares of its common stock
under the plan.
About INVESTools Inc.
INVESTools offers a full range of investor education products and
services that provide lifelong learning in a variety of interactive
delivery formats, including instructor-led online courses, in-person
workshops, "at home" study programs, one-on-one and group online
coaching sessions and telephone, live-chat and email support.
Approximately 224,000 investors around the world have graduated from
INVESTools' investor education programs. Log on to
http://www.investools.com to learn more about the INVESTools
Method(TM) -- one of the most widely recognized, adopted and endorsed
approaches to investor education.
All statements in this press release that are not historical are
forward-looking statements within the meaning of Section 21E of the
Securities Exchange Act of 1934. Such forward-looking statements may
be identified by words such as "believe", "intend," "expect", "may",
"could", "would", "will", "should", "plan", "project", "contemplate",
"anticipate", or similar statements. Because these statements reflect
the Company's current views concerning future events, these
forward-looking statements are subject to risks and uncertainties. The
Company has made every reasonable effort to ensure that the
information and assumptions on which these statements and projections
are based are current, reasonable, and complete. However, a variety of
factors could cause actual results to differ materially from the
projections, anticipated results or other expectations expressed in
this release, including, without limitation, the success of brand
development efforts and strategic alliances; demand for the Company's
products and services; the ability to compete effectively and adjust
to changing market conditions; inability to protect the Company's
proprietary technology; difficulties or delays in developing improved
products when expected or desired and with the additional features
contemplated or desired; the potential for intellectual property
infringement, warranty, product liability, and other claims; the
uncertainties associated with governmental regulation; the outcome of
pending litigation and other factors detailed from time to time in the
SEC reports of INVESTools Inc. The Company assumes no obligation to
publicly update or revise any forward-looking statements made herein
or any other forward-looking statements made by the Company, whether
as a result of new information, future events, or otherwise.