11:11:17 EDT Sat 04 May 2024
Enter Symbol
or Name
USA
CA



Well Health Technologies Corp
Symbol WELL
Shares Issued 235,383,589
Close 2023-05-31 C$ 4.86
Market Cap C$ 1,143,964,243
Recent Sedar Documents

Well Health enters automatic share purchase plan

2023-06-01 02:04 ET - News Release

Mr. Hamed Shahbazi reports

WELL HEALTH ENTERS INTO AUTOMATIC SHARE PURCHASE PLAN

Well Health Technologies Corp. has entered into an automatic share purchase plan with a broker to facilitate repurchases of the company's common shares under its previously announced normal course issuer bid.

Earlier today, Well Health announced that it had received approval from the Toronto Stock Exchange to purchase up to 5,884,589 common shares, representing approximately 2.5 per cent of the 235,383,589 common shares issued and outstanding as of today's date, by way of an NCIB on the TSX or through alternative trading systems or by such other means as may be permitted under applicable law. As a correction to the previous announcement, the NCIB will run from June 5, 2023, to June 4, 2024.

During the effective period of Well Health's ASPP, Well Health's broker may purchase common shares at times when Well Health would not be active in the market due to insider trading rules and its own internal trading blackout periods. Purchases will be made by Well Health's broker based upon limits set by Well Health when it is not in possession of any undisclosed material information about itself and its securities, and in accordance with the terms of the ASPP. Outside of the effective period of the ASPP, common shares may continue to be purchased in accordance with Well Health's discretion, subject to applicable law. The ASPP has been entered into in accordance with the requirements of applicable Canadian securities laws.

About Well Health Technologies Corp.

Well Health is a practitioner-focused digital health care company. Well Health's overarching mission is to positively impact health outcomes by leveraging technology to empower health care practitioners and their patients globally. Well Health exists to enable health care practitioners with best-in-class technology and services. Well Health has built the most comprehensive end-to-end health care system across Canada, including the nation's largest network of clinics supporting primary care, specialized care and diagnostics services. In the United States, Well Health provides omnichannel health care services and solutions targeting specialized markets such as the gastrointestinal market, women's health, primary care and mental disorders. In addition to providing patient services, Well Health develops, integrates and sells its own suite of technology software and solutions to medical clinics and health care practitioners. Well Health's practitioner enablement platform includes: electronic medical records (EMR), telehealth platforms, practice management, billing, revenue cycle management (RCM), digital health apps and data protection solutions. Well Health is publicly traded on the Toronto Stock Exchange under the symbol WELL and on the OTC Exchange under the symbol WHTCF.

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