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The Ensign Group, Inc. Announces Increased Stock Repurchase Authorization

The Ensign Group, Inc. Announces Increased Stock Repurchase

articleThe Ensign Group, Inc.June 15, 20264/news/the-ensign-group-inc-announces-increased-stock-repurchase-authorization
The Ensign Group, Inc. Announces Increased Stock Repurchase Authorization

About this update from The Ensign Group, Inc.

SAN JUAN CAPISTRANO, Calif., June 15, 2026 (GLOBE NEWSWIRE) -- The Ensign Group, Inc. (Nasdaq: ENSG) (“Ensign” or the “Company”), the parent company of the EnsignTM group of companies, which invest in and provide skilled nursing and senior living services, physical, occupational and speech therapies, other rehabilitative and healthcare services, and real estate, announced today that its Board of Directors has approved a $60 million increase to the Company’s previously approved $40 million stock repurchase program, bringing the Company’s total authorized repurchase capacity to $100 million. Repurchases under the expanded program are expected to commence in the near term. "Ensign’s strong financial performance reflects the benefits of our proven business model built on clinical excellence, local leadership and a culture focused on providing compassionate, high-quality care for our residents," said Barry Port, Ensign's Chairman and Chief Executive Officer. “We believe that foundation, together with the continued trust and support from our communities and the strong demand we see across our markets, positions us well for continued long‑term success. The increased stock repurchase authorization underscores our confidence in the strength, integrity and upside potential of our company, as well as our ongoing commitment to disciplined capital allocation.” Under the stock repurchase program, the Company is authorized to repurchase its issued and outstanding common shares from time to time in open-market and privately negotiated transactions and block trades in accordance with federal securities laws, including Rule 10b-18 and Rule 10b5-1. The timing and actual number of shares repurchased by the Company under this program will depend on a variety of factors, including price, trading volume, general market conditions, and other corporate considerations. The Company has no obligation to repurchase any particular dollar amount or number of shares under the stock repurchase program, and the program may be suspended, discontinued or modified at any time, without prior notice and subject to legal and regulatory requirements.Cautionary Note Regarding Forward-Looking Statements This press release contains “forward-looking” statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, each as amended...

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