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Quantum Medical Transport initiates share buyback program

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Quantum Medical Transport initiates share buyback program

Sugar Land, Texas-based Quantum Medical Transport Inc. initiated a share buyback program to purchase 110 million shares.

The company's overall objective is to restructure its stock and acquire 20% of its outstanding shares and retire them to the treasury.

Quantum Medical Transport provides emergency and nonemergency medical transportation and other specialized services primarily in Houston, San Antonio and other nearby counties.