Life Time Fitness Announces New Share Repurchase Program

“One day Twitter will become uncool like orkut, it will cease to exist like Soviet Union and the value of twitter followers will be like Rubles of the 1990s,” tweeted the 28-year-old. “Stop celebrating follower count milestones. Social networking websites are like artistes. New replaces the old order. It’s just so transient,” he further tweeted.

(AP) Life Time Fitness Inc. said Monday that it plans to buy back up to $200 million shares of its common stock, replacing a $60 million fund that expired on Saturday. Under the old buyback program, the gym operator spent $50 million to repurchase 1.1 million shares. The new buyback will end once the company completes $200 million in repurchases or on Aug. 16, 2015, whichever happens first. Buybacks can offset the impact of selling stock, make shareholders’ existing holdings more valuable and boost earnings per share.

The share repurchase program does not obligate the company to repurchase any dollar amount or number of shares of its common stock and the program may be extended, modified, suspended or discontinued at any time. About Life Time Fitness, Inc. As The Healthy Way of Life CompanySM, Life Time Fitness ( LTM ) helps organizations, communities and individuals achieve their total health objectives, athletic aspirations and fitness goals by engaging in their areas of interest – or discovering new passions – both inside and outside of Life Times distinctive and large sports, professional fitness, family recreation and spa destinations, most of which operate 24 hours a day, seven days a week. The Companys Healthy Way of Life approach enables customers to achieve this by providing the best programs, people and places of uncompromising quality and value. As of August 19, 2013, the Company operated 106 centers under the LIFE TIME FITNESS and LIFE TIME ATHLETIC brands in the United States and Canada.

Smartphones become fitness coaches with new wearable activity trackers

Nike+ Fuelband Specs: Small and sleek, it’s available in three colors (black, black ice and white ice) and three sizes. Blinking LED lights display the time and number of steps taken. Tracks activity, calories. Water-resistant. Know this: Syncs to a social network so you and friends can brag about your “Nike Fuel.” Price: $149 App: Free, available only on iOS infusny-160/Elder Ordonez/ Gwyneth Paltrow wearing a Jawbone UP band in New York. Jawbone UP Specs: It’s bright, bendy and looks like a bracelet. No visual interface.

The 13 Biggest Fitness Myths Ever

FACT: Because running against wind or on uneven terrain engages more of your muscles, it requires more energy and ends up burning about 10 percent more calories than running the same distance on a treadmill. 8. MYTH: You shouldn’t work out every day. FACT: Rest should be part of your workout, not an alternative to your workout, says Barbara Bushman, Ph.D., a professor of kinesiology at Missouri State University. 9. MYTH: You can’t work out when you’re sick.


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