Bullboard - Stock Discussion Forum WELL Health Technologies Corp WHTCF

Primary Symbol: T.WELL Alternate Symbol(s): T.WELL.DB

Healthcare

WELL Health Technologies Corp. is a practitioner-focused digital healthcare company. The Company develops technologies, services, and support available, which ensures healthcare providers are empowered to positively impact patient outcomes. Its business units include Canadian Patient Services, WELL Health USA Patient Services and SaaS and Technology Services. WELL Health USA Patient and... see more

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TSX:WELL - Post Discussion

WELL Health Technologies Corp > Buyback

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Post by gunner1324 on Oct 15, 2023 10:08pm

Buyback

They haven`t done the buyback yet , do we assume they feel it`s still overvalued .

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Comment by Aarman4 on Oct 17, 2023 1:31pm

My (likely correct) assumption is that there is a better place to spend the free cash right now. I trust the crew at WELL, if they see greater returns for the company in acquisitions and investment rather than buybacks, they have my full blessing. Personally, I would much rather see the company grow its top and bottom lines before reducing sharecounts, but that's just me. Cheers!

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Comment by BudFoxx2020 on Oct 18, 2023 2:14pm

Just my 0.02 cents. If you know WELL's history, they tend to use buy back as a tool for insider's to dump their shares. In 2022, they announced a share buy back. They bought back 40,000 shares, while Hamed and insider's dumped almost 8 million shares. Since they announced buy back in 2023, insiders went and dumped again. Anyways, like I always say ...more

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