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OptionsXpress Holdings (OXPS)
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OXPS » Topics » Item 8.01 Other Events.

This excerpt taken from the OXPS 8-K filed Feb 14, 2008.

Item 8.01 Other Events.

On February 13, 2008, the Company announced that its Board of Directors had authorized a share repurchase program for up to $100 million of the Company's outstanding common stock. The share repurchase program authorizes OXPS to repurchase shares, from time to time, through solicited or unsolicited transactions in the open market or in privately negotiated transactions. The number of shares to be purchased and the timing of the purchases will be based on market conditions and other factors. The program may be discontinued at any time.





SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

         
    optionsXpress Holdings, Inc.
          
February 14, 2008   By:   /s/ Adam DeWitt
       
        Name: Adam DeWitt
        Title: Chief Financial Officer

Exhibit Index


     
Exhibit No.   Description
 
10.1
  Stock Purchase Agreement between Ned Bennett and optionsXpress Holdings, Inc.
99.1
  News Release issued by the Registrant on February 13, 2008

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