Stock BuybacksBy The Online Investor Staff, updated Sat., May. 8, 6:28 AM
|This Slide: #24 of 25|
Slide #24. WELL Health Technologies Corp.
WELL Health Technologies Corp. (TSE:WELL.CA)
Share Amount Authorized:
WELL Health Technologies Corp. (TSXV: WELL) (the "Company" or "WELL"), a company focused on consolidating and modernizing clinical and digital assets within the primary healthcare sector, today announced that it has filed its Notice of an Intention to Make a Normal Course Issuer Bid ("NCIB") with the Toronto Stock Exchange ("TSX"). The NCIB remains subject to approval by the TSX. At the opening of the stock market on today's date, the Company is expected to have 195,161,273 common shares issued and outstanding. Under the NCIB, if approved by the TSX, the Company may acquire up to an aggregate of 4,879,031 common shares over the next 12-month period, representing approximately 2.5% of the issued and outstanding common shares of the Company.
Well Health Technologies is classified as a Capital Pool Company as defined in the TSX Venture Exchange Policy 2.4. The principal business Co. is the identification and evaluation of a Qualifying Transaction and once identified or evaluated, to negotiate an acquisition or participation in a business subject to receipt of shareholder approval, if required, and acceptance by regulatory authorities.
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