trending Market Intelligence /marketintelligence/en/news-insights/trending/_HuWDB6jjx_H6pGze7GB8Q2 content esgSubNav
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us
In This List

HemCare Health discloses repurchase, retirement of common shares

COVID-19 Pandemic Likely To Cause US Telemedicine Boom

Gauging Supply Chain Risk In Volatile Times

S&P Global Market Intelligence

Cannabis: Hashing Out a Budding Industry

Segment

IFRS 9 Impairment How It Impacts Your Corporation And How We Can Help


HemCare Health discloses repurchase, retirement of common shares

HemCare Health Services Inc. repurchased 118,087,000 common shares as part of an ongoing buyback and retirement effort.

The purchase and retirement come after the cancellation of 71,140,000 shares in March. Because of these combined retirements, the outstanding share count is reduced to 96,225,211 from about 274 million.

The $120,100 spent on the share repurchase was funded by long-term 3% notes.

HemCare said it continues to seek further share retirements to position it for a potential uplisting.