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WELL Health Signs Automatic Share Purchase Plan for Normal Course Issuer Bid
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WELL Health Signs Automatic Share Purchase Plan for Normal Course Issuer Bid
May 26, 2025 10:50 AM

08:39 AM EDT, 05/20/2025 (MT Newswires) -- WELL Health Technologies ( WHTCF ) , a digital health company, said Tuesday it entered into an automatic share purchase plan with a broker in order to facilitate repurchases of the company's common shares under its previously announced normal course issuer bid.

WELL previously said received TSX approval to purchase up to 6,326,417 common shares of the company, representing about 2.5% of its issued and outstanding shares, from May 20, 2025, to May 19, 2026.

During the effective period of WELL's automatic share purchase plan, WELL said its broker may purchase common shares at times when WELL would not be active in the market due to insider trading rules and its own internal trading blackout periods.

Outside of the effective period of the automatic share purchase plan, WELL said its common shares may continue to be purchased in accordance with the company's discretion, subject to applicable law.

WELL's share price rose 1.7% on Friday to $4.19 on the TSX.

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