Digital Insight buys back $25m in shares
Digital Insight Corp. (Nasdaq: DGIN), the leading online banking provider, announced today the completion of its second $25 million stock repurchase program within the past 12 months.
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Under Digital Insight's second $25 million stock repurchase program, the Company repurchased approximately 1.04 million shares - all during the second quarter ended June 30, 2005 - at an average cost of $24.05 per share.
The repurchase program was initially announced on April 26, 2005 following completion of an earlier $25 million stock repurchase program during the first quarter ended March 30, 2005.