Andlauer Healthcare Group, Inc. (TSE:AND) has released an update.
Maximize Your Portfolio with Data Driven Insights:
- Leverage the power of TipRanks' Smart Score, a data-driven tool to help you uncover top performing stocks and make informed investment decisions.
- Monitor your stock picks and compare them to top Wall Street Analysts' recommendations with Your Smart Portfolio
Andlauer Healthcare Group Inc. announced a significant stock buyback plan, offering to repurchase up to 2 million subordinate voting shares at $45 each, amounting to a maximum of $90 million. This substantial issuer bid, not dependent on a minimum number of shares deposited, may be adjusted by the company based on certain conditions. The company cites the repurchase as a beneficial use of excess cash and an attractive investment, with major stakeholders including the CEO’s Andlauer Management Group and other directors indicating their intention to participate.
For further insights into TSE:AND stock, check out TipRanks’ Stock Analysis page.
