CareRx Corp T.CRRX

Alternate Symbol(s): CHHHF

Healthcare

CareRx Corporation is a Canada-based provider of pharmacy services to seniors living communities. The Company serves over 94,000 residents in over 1,500 senior and other congregate care communities, including long-term care homes, retirement homes, assisted living facilities, and group homes. It supports its home care partners by providing solutions for the supply of chronic medication. It offers a range of medication solutions. Its technology automates the preparation and verification of multi-dose compliance packaging of medication, providing the safety and adherence for individuals with complex medication regimes. Its network of pharmacy fulfillment centers delivers solutions for the supply of chronic medication and other specialty clinical pharmacy services. The Company provides services in rural and urban areas throughout Ontario, Alberta, British Columbia, and parts of Saskatchewan. It works with home operator partners to promote resident health, staff education and others.

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CareRx Corp > Miniscule NCIB

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Post by Possibleidiot01on Aug 28, 2023 8:45pm

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Miniscule NCIB

TORONTO , Aug. 28, 2023 /CNW/ - CareRx Corporation ("CareRx" or "the Company") (TSX: CRRX) today announced that its Board of Directors has authorized a normal course issuer bid (the "NCIB") to purchase for cancellation up to 1,000,000 of its common shares ("Shares"), representing approximately 1.73% of its 57,734,600 issued and outstanding Shares as at August 28, 2023. The NCIB is subject to the approval of the Toronto Stock Exchange (the "TSX").

Release does not specify the daily maximum allowable which is unusual.

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