DRI Healthcare Trust T.DHT.UN

rolling up the sleeves...thank-you!

[hoffbag]

Wielding the buyback stick never hurt but better to drive the share price with carrots  (royalty results).  Study Knight Therapeutics  ...... lots of buybacks ...... at a cheaper and cheaper price.  

"The Trust remains focussed on its primary strategy of acquiring new pharmaceutical royalty streams, and using its capital for that purpose.  The Trust’s manager believes that there is a robust and growing pipeline of royalty stream acquisitions opportunities and is active in reviewing a number of potential transactions".

DRI Healthcare Trust Announces Acceptance by TSX of Normal Course Issuer Bid

Toronto, Ontario – September 30, 2021 – DRI Healthcare Trust (TSX: DHT.UN/DHT.U) (“DRI” or “the Trust”) announced today the acceptance by the Toronto Stock Exchange (the “TSX”) of the Trust’s Notice of Intention to make a normal course issuer bid (the “NCIB”). Pursuant to the NCIB, the Trust proposes to purchase, from time to time, if considered advisable, up to an aggregate of 1,500,000 of its trust units (the “Units”), being approximately 3.7% of its 40,107,407 issued and outstanding trust units as of September 29, 2021, through the facilities of the TSX and/or through various eligible alternative Canadian trading systems at the market price at the time of purchase. Purchases may commence on October 5, 2021 and will conclude on the earlier of the date on which the Trust has purchased the maximum number of trust units permitted under the NCIB and October 4, 2022.