Saturday, September 13, 2025

Latest

WELL Health Announces Share Buyback Program

WELL Health (TSX: WELL) this morning announced that it intends to purchase previously issued shares. The company has filed with the TSX a notice of intent to make a normal course issuer bid, also known as a share buyback program.

If approved, the share buyback program will enable the company to purchase up to 4,879,031 common shares over the next 12 months from the open market. The figure represents roughly 2.5% of the currently outstanding shares of the issuer, with purchases to occur on the TSX.

The company has indicated that it intends to repurchase the shares, “In the event that WELL believes that its common shares begin trading in a price range that does not adequately reflect their underlying value.” Notably, the company last conducted a financing in February at a price of $9.80 per subscription receipt, for total proceeds of $302.5 million, a rather large premium to the current price of the equity.

The normal course issuer bid remains subject to approval by the TSX.

WELL Health last traded at $7.49 on the TSX.


Information for this briefing was found via Sedar and WELL Health Technologies Corp. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

Marimaca Copper: The MOD Feasibility Study

Avino Q2 Earnings: Steady As She Goes

MEG Energy: Cenovus Comes In With $7.9 BILLION Offer

Recommended

Northern Superior Expands Philibert With 350 Metre Step Out Testing 1.10 g/t Gold Over 25.5 Metres

Goliath Resources Hits 18.58 g/t Gold Over 5.00 Metres At Surebet

Related News

WELL Health Sees CRH Take Majority Stake Of Two Anesthesia Practices

WELL Health Technologies Corp. (TSX: WELL) announced this morning that its recently acquired subsidiary CRH...

Thursday, May 27, 2021, 08:45:08 AM

WELL Health Records $61.8 Million In Revenue, $14.1 Million Net Loss In Q2 2021

WELL Health Technologies Corp. (TSX: WELL) reported today its financial performance for the quarter ending...

Thursday, August 12, 2021, 08:39:16 AM

Well Health Acquires Cardiology Focused EMR For $4.5 Million

Well Health (TSX: WELL) this morning continued with its strategy of growth by acquisition. The...

Thursday, September 23, 2021, 08:29:43 AM

SOL Global to Conduct Buyback for 5% of Outstanding Shares

SOL Global (CSE: SOL) announced this morning that it will be conducting a share buyback...

Friday, November 1, 2019, 10:14:56 AM

WELL Health Announces $12.5 Million Bought Deal Financing

WELL Health Technologies (TSX: WELL) is returning to the trough again, this time under a...

Tuesday, May 5, 2020, 08:40:25 AM