Constant Contact announced recently a $50 million stock repurchase program. Under the stock repurchase program, Constant Contact is authorized to repurchase up to $50 million of the company’s common stock. The company intends to purchase shares pursuant to a 10b5-1 trading plan through July 2016. Shares may also be repurchased from time-to-time in privately negotiated […]
Constant Contact recently announced its financial results for the first quarter ended March 31, 2015. “We were disappointed with the mixed results for the quarter, as revenue came in below expectations while profitability was better than expected,” said Gail Goodman, chief executive officer of Constant Contact. “In the quarter we didn’t deliver an acceleration in customer […]