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Treasury Stock
6 Months Ended
Jun. 30, 2017
Equity [Abstract]  
Treasury Stock
Treasury Stock
Actua has been authorized by its Board of Directors (the "Board"), pursuant to a share repurchase program to repurchase, from time to time, shares of Common Stock in open market transactions, including pursuant to trading plans meeting the requirements of Rule 10b5-1 under the Exchange Act, in privately negotiated transactions or pursuant to one or more issuer tender offers. The program was adopted in 2008 and expanded in 2013 to allow for the repurchase of up to $150.0 million of shares of Actua's Common Stock. During the year ended December 31, 2016, the program was further expanded to allow for an additional $39.8 million of repurchases, increasing the total repurchase amount to $189.8 million, of which $30.5 million is available as of the date of this Report. During the three and six months ended June 30, 2017, Actua repurchased 929,744 shares and 1,825,531 shares of its Common Stock, respectively. During the six months ended June 30, 2017, Actua paid $25.1 million at an average stock price of $13.95 per share and accrued $0.5 million for the share repurchases not yet settled. During the three and six months ended June 30, 2016, Actua repurchased 540,000 shares and 1,010,000 shares of its Common Stock, respectively. During the six months ended June 30, 2016, Actua paid $9.5 million at an average stock price of $9.41 per share for these repurchases. From commencement of the program through the date of this Report, Actua has deployed a total of $159.3 million to repurchase a total of 13,761,211 shares of Common Stock for an average purchase price of $11.58 per share. Repurchases are reflected in the line item "Treasury stock, at cost" as a reduction of stockholders’ equity in Actua’s Consolidated Balance Sheets in the relevant period.