tiprankstipranks
CareRx Corporation Launches Share Buyback Plan
Company Announcements

CareRx Corporation Launches Share Buyback Plan

Carerx Corporation (TSE:CRRX) has released an update.

CareRx Corporation has set up an automatic share purchase plan (ASPP) to facilitate the acquisition of up to 1,000,000 shares during a year-long period, despite regulatory restrictions and blackout periods. The ASPP will operate under a broker’s discretion within specific parameters, allowing the company to continue share purchases under its normal course issuer bid. CareRx, a leading pharmacy service provider for seniors in Canada, aims to ensure consistent share buybacks while adhering to market rules and securities laws.

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

Related Articles
TipRanks Canadian Auto-Generated NewsdeskCareRx Announces New Board Chair and AGM Results
TipRanks Canadian Auto-Generated NewsdeskCareRx Announces Executive Leadership Change
TipRanks Canadian Auto-Generated NewsdeskCareRx Corporation Shows Resilience in Q1 2024
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Optimize your mobile reading experience. Download the TipRanks App today!