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WELL Health Announces Intention to Renew Normal Course Issuer Bid
WELL Health Announces Intention to Renew Normal Course Issuer Bid Canada NewsWi...
About this update from Well Health Technologies Corp.
[{"type":"text","content":"\n \n \n \n WELL Health Announces Intention to Renew Normal Course Issuer Bid\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n \n VANCOUVER, BC\n \n \n ,\n \n \n April 26, 2022\n \n \n /CNW/ -  WELL Health Technologies Corp. (TSX: WELL) (the \"\n \n Company\n \n \" or \"\n \n WELL\n \n \"), a company focused on positively impacting health outcomes by leveraging technology to empower practitioners and their patients globally, today announced that it has filed its Notice of Intention to Make a Normal Course Issuer Bid (\"\n \n NCIB\n \n \") with the Toronto Stock Exchange (\"\n \n TSX\n \n \").\n \n \n \n \n \n \n \n \n \n The NCIB remains subject to approval by the TSX and would be a renewal of its current NCIB expiring\n \n May 11, 2022\n \n . The NCIB renewal has been approved by WELL's Board of Directors (the \"\n \n Board\n \n \"), but it is subject to acceptance by the TSX, and if accepted, will be made in accordance with the applicable rules and policies of the TSX and Canadian securities laws. The commencement and termination dates for this NCIB and confirmation of the exact number of Shares subject to the NCIB will be announced once the NCIB has been approved by the TSX.\n \n \n WELL believes that purchases of its common shares (the \"\n \n Shares\n \n \") pursuant to the NCIB will contribute to the facilitation of an orderly market and be in the best interests of the Company and its shareholders.  In the event that WELL believes that its Shares begin trading in a price range that does not adequately reflect their underlying value based on WELL's business prospects and financial position, WELL may purchase Shares pursuant to the NCIB.  Depending upon future price movements and other factors, WELL believes that its outstanding Shares represent an attractive investment and a desirable use of a portion of its corporate funds.\n \n \n At the opening of the stock market on today's date, the Company is expected to have 210,383,666 Shares issued and outstanding. Under the NCIB, if approved by the TSX, the Co...