Monday, October 6, 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

Fortune Bay: The Potential Billion Dollar Project

Japan Gold Enters New Chapter as Barrick Alliance Concludes – John Proust

Barrick Mining’s “Company Defining [Gold] Discovery”

Recommended

Nord Precious Metals Produces High Grade Silver Concentrate From Tailings

ESGold Secures $9 Million In Non-Dilutive Funding From Ocean Partners

Related News

Stifel: WELL Health Is A “Unique Business Model Still In High Growth Phase”

Earlier this month, WELL Health Technologies (TSX: WELL) reported their second quarter financials, with quarterly...

Sunday, August 23, 2020, 04:05:00 PM

Well Health Reports New Record Patient Visits For Month Of January

Well Health (TSX: WELL) looked to stop the bleeding of its share price this morning...

Tuesday, March 15, 2022, 09:03:06 AM

WELL Health Reports Q4 Revenues Of $17.2 Million, Net Income Of $5.8 Million

WELL Health Technologies (TSX: WELL) this morning reported their fourth quarter and full fiscal year...

Thursday, March 18, 2021, 09:03:32 AM

WELL Health Closes $12.6 Million Acquisition Of Ontario Clinic

WELL Health (TSX: WELL) has closed the acquisition of ExecHealth, the first such purchase of...

Monday, May 3, 2021, 07:31:20 AM

WELL Health Moves To Toronto Stock Exchange January 10

WELL Health Technologies (TSXV: WELL) has received final approval to uplist to the Toronto Stock...

Thursday, January 9, 2020, 09:38:47 AM