07:36 AM EDT, 06/07/2024 (MT Newswires) -- WELL Health Technologies ( WHTCF ) said on Friday that it agreed to an automatic share purchase plan with a broker for repurchases of the company's common shares under its previously announced normal course issuer bid.

WELL, a multichannel digital health technology company and Canada's largest owner and operator of outpatient health clinics, has received approval from the Toronto Stock Exchange to buy up to 6.2 million of the company's common shares, representing about 2.5% of the shares outstanding as of May 31. The shares will be bought between June 10, 2024, and June 9, 2025.

The company's shares rose 1% in Canada yesterday.