Viemed rises on share buyback program

Viemed Healthcare

08/03/2022 18:04

** U.S.-listed shares of home medical equipment supplier
Viemed Healthcare Inc  VMD.O  rise ~19.8% to $4.29 after board
authorizes share repurchase program 
    ** Under the program, Viemed may repurchase up to ~2 mln
common shares from time to time, representing approximately 5%
of total issued and outstanding common shares as of March ‎4‎,
2022  urn:newsml:reuters.com:*:nGNX2PkZdL
    ** VMD has 39.6 mln shares outstanding and a market value of
$142.6 mln, per Refinitiv data
    ** Stock has lost ~17.79% YTD

 (Reporting by Mrinalika Roy in Bengaluru)
 ((mrinalika.roy@thomsonreuters.com; within U.S. +1 646 223
8780, outside U.S. +91 806749 8325;))