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Treasury Stock
9 Months Ended
Sep. 30, 2014
Equity [Abstract]  
Treasury Stock

9. Treasury Stock

Actua has been authorized, pursuant to a share repurchase program, to repurchase, from time to time, shares of Common Stock in the open market, in privately negotiated transactions or pursuant to trading plans meeting the requirements of Rule 10b5-1 under the Exchange Act. The program was adopted in 2008 and was most recently expanded in 2013 to allow for the repurchase of up to $150.0 million of shares of our Common Stock. During the three and nine months ended September 30, 2014, Actua repurchased 174,310 shares of its Common Stock at an average stock price of $15.75 per share. Actua did not repurchase any shares of its Common Stock during the three months ended September 30, 2013, and, during the nine months ended September 30, 2013, Actua repurchased 641,300 shares, of its Common Stock at an average stock price of $11.56 per share. Subsequent to September 30, 2014 and through the date of this report, Actua repurchased an additional 432,417 shares of its Common Stock at an average stock price of $16.78 per share. Since commencement of the program, Actua has repurchased a total of 5,724,664 shares of Common Stock at an average purchase price of $8.87 per share. As of the date of this Report, Actua may repurchase an additional $99.2 million of its Common Stock under the program. All 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 periods.