Hewitt announces final results of Dutch auction tender offer

By Lisa Kerner

Charlotte, N.C., Sept. 19 - A total of 5,480 shares of Hewitt Associates, Inc.'s class A stock were accepted for purchase at $32.00 each in the company's Dutch auction tender offer ended Sept. 12, according to a company news release.

Dealer manager for the tender offer was Goldman, Sachs & Co., and the information agent was Georgeson, Inc. (888 605-7609).

On Aug. 7, Hewitt announced its tender offer for up to 15.625 million shares, or some 14%, of its outstanding class A common stock, priced between $28.75 and $32.00 each. The offer was originally set to end on Sept. 5.

As of Sept. 12, Hewitt had $570 million of share repurchase authority remaining under its existing $750 million authorization.

Hewitt is a human resources outsourcing and consulting services company in Lincolnshire, Ill.

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