On Assignment (ASGN) Approves New $150M Common Stock Buyback Plan

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Go back to On Assignment (ASGN) Approves New $150M Common Stock Buyback Plan

On Assignment Announces New $150 Million Stock Repurchase Program

June 13, 2016 8:30 AM EDT

CALABASAS, Calif.--(BUSINESS WIRE)-- On Assignment, Inc. (NYSE: ASGN) announced today that its Board of Directors approved a new stock repurchase program, under which the Company may repurchase up to $150 million of its common stock over the next two years. Under terms of the program, purchases can be made in the open market or under a Rule 10b5-1 trading plan. This program is effective immediately and supersedes the previous $100 million repurchase authorization ($98 million was remaining under the authorization). The stock repurchase program does not obligate the Company to acquire... More