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Andlauer Healthcare Group’s $90M Share Buyback
Company Announcements

Andlauer Healthcare Group’s $90M Share Buyback

Andlauer Healthcare Group (TSE:AND) has released an update.

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Andlauer Healthcare Group Inc. has announced the preliminary results of its substantial issuer bid to repurchase and cancel 2 million shares for $90 million, reducing the outstanding shares by approximately 4.8%. This strategic move is expected to leave Andlauer Management Group, owned by CEO Michael Andlauer, with a nearly unchanged controlling interest of about 52.7%. Final details will be confirmed following verification by the depositary.

For further insights into TSE:AND stock, check out TipRanks’ Stock Analysis page.

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