VANCOUVER, BC, June 7, 2024
/PRNewswire/ - WELL Health Technologies Corp. (TSX: WELL) (OTCQX:
WHTCF) (the "Company" or "WELL"), a company
focused on positively impacting health outcomes by leveraging
technology to empower practitioners and their patients globally,
announced today that it has entered into an automatic share
purchase plan ("ASPP") with a broker in order to facilitate
repurchases of the Company's common shares ("Common Shares")
under its previously announced normal course issuer bid
("NCIB").
WELL previously announced that it had received approval from the
Toronto Stock Exchange ("TSX") to, during the 12-month
period commencing June 10, 2024 and terminating June
9, 2025, purchase up to 6,154,501 Common Shares, representing
approximately 2.5% of the 246,180,060 Common Shares issued and
outstanding as of May 31, 2024, by way of a NCIB on the TSX or
through Canadian alternative trading systems or by such other means
as may be permitted under applicable law.
During the effective period of WELL's ASPP, WELL's broker may
purchase Common Shares at times when WELL would not be active in
the market due to insider trading rules and its own internal
trading blackout periods. Purchases will be made by WELL's broker
based upon parameters set by WELL when it is not in possession of
any undisclosed material information about itself and its
securities, and in accordance with the terms of the ASPP. Outside
of the effective period of the ASPP, Common Shares may continue to
be purchased in accordance with WELL's discretion, subject to
applicable law. The ASPP has been entered into in accordance with
the requirements of applicable Canadian securities laws.
WELL HEALTH TECHNOLOGIES CORP.
Per: "Hamed Shahbazi"
Hamed Shahbazi
Chief Executive Officer, Chairman and Director
About WELL Health Technologies Corp.
WELL's mission is to tech-enable healthcare providers. We do
this by developing the best technologies, services, and support
available, which ensures healthcare providers are empowered to
positively impact patient outcomes. WELL's comprehensive healthcare
and digital platform includes extensive front and back-office
management software applications that help physicians run and
secure their practices. WELL's solutions enable more than 36,000
healthcare providers between the US and Canada and power the largest owned and
operated healthcare ecosystem in Canada with more than 175 clinics supporting
primary care, specialized care, and diagnostic services. In
the United States WELL's solutions
are focused on specialized markets such as the gastrointestinal
market, women's health, primary care, and mental health. WELL is
publicly traded on the Toronto Stock Exchange under the symbol
"WELL" and on the OTC Exchange under the symbol "WHTCF". To learn
more about WELL, please visit: www.well.company.
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SOURCE WELL Health Technologies Corp.