Brief: Zenith Sterling Advisers Sent A Letter To Electromed CEO, CFO, And Seven Independent Directors

Electromed

23/09/2019 11:55

Sept 23 (Reuters) - Electromed Inc  ELMD.A :
    * ZENITH STERLING ADVISERS LLC -  ON SEPT 20,  SENT A LETTER
TO
ELECTROMED CEO, CFO, AND SEVEN INDEPENDENT DIRECTORS
    * ZENITH STERLING ADVISERS LLC - RECOMMENDS THAT ELECTROMED
INSTITUTES A SHARE REPURCHASE PROGRAM
    * ZENITH STERLING ADVISERS LLC - RECOMMENDS ELECTROMED
AUTHORIZE
REPURCHASE OF AT LEAST $2 MILLION WORTH OF SHARES IN EACH OF THE
NEXT 3 YRS
    * ZENITH STERLING ADVISERS LLC SAYS COMMON STOCK OF
ELECTROMED IS
"SIGNIFICANTLY UNDERVALUED"
    * ZENITH STERLING ADVISERS LLC REPORTS A STAKE OF 5.94% IN
ELECTROMED AS OF SEPTEMBER 20, 2019 - SEC FILING
    * ZENITH STERLING ADVISERS LLC HAD PREVIOUSLY REPORTED A
STAKE OF
5.82% IN ELECTROMED AS OF JUNE 4, 2019

Source: (https://bit.ly/2m39Wxq)
Further company coverage:  ELMD.A 

 ((Reuters.Briefs@thomsonreuters.com;))