Bright Horizons announces new $225M stock repurchase program Bright Horizons Family Solutions announced that its board has authorized a stock repurchase program of up to $225M of the company's outstanding common stock. The stock repurchase program has no expiration date.
Bright Horizons files to sell 3.65M shares of common stock for holders The company intends to repurchase from the underwriter 150,000 shares of common stock. The company's per-share purchase price for the repurchased shares will be the same as the per-share purchase price payable by the underwriter to the Selling Stockholders. The company intends to fund the share repurchase with cash on hand and/or borrowings under our revolving credit facility. Barclays will act as underwriter for the offering.