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Emdeon Expands Buyback

The company has already bought back 2 million shares.
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Emdeon

(HLTH)

expanded its stock repurchase program by $20 million.

The Elmwood Park, N.J., health-care information company said the move puts its total buyback authority at $68 million. To date, Emdeon has bought back 2 million shares under the program.

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On Wednesday, Emdeon shares rose a nickel to $9.19.