Bullboard - Stock Discussion Forum Quipt Home Medical Corp T.QIPT

Alternate Symbol(s): QIPT

Healthcare

Quipt Home Medical Corp. is a home medical equipment provider. The Company specializes in improving the home management of chronic illness through the application of telehealth systems and automated distribution. It provides in-home monitoring and disease management services, including end-to-end respiratory solutions for patients in the United States. It offers nebulizers, oxygen concentrators... see more

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Quipt Home Medical Corp > New Press Release - Quipt Home Medical Announces Normal Course Issuer Bid

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Post by PressRelease on May 02, 2024 7:30am

New Press Release - Quipt Home Medical Announces Normal Course Issuer Bid

CINCINNATI, May 02, 2024 (GLOBE NEWSWIRE) -- Quipt Home Medical Corp. (the “Company”) (NASDAQ: QIPT) (TSX: QIPT)‎, a U.S. based home medical equipment provider, focused on end-to-end respiratory care, announced today that the Toronto Stock Exchange (“TSX”) has accepted the Company’s notice of...read article.

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Comment by HatrikSeLaine on May 02, 2024 8:23am

I've been touring this move for years and it's about time! Remember that this represents only 10% of the float subject to daily maximums over the course of one year. The company obviously feels the share price is ridiculously low and is making the best move given current conditions re: DOJ, interest rates etc. and its drag on the share price.

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Comment by LionGate7 on May 02, 2024 9:33am

Good to see Greg finally doing something to support the shareholder value and stepping up to the plate! Better late than never! "We are pleased to announce this NCIB as an additional capital allocation option to enhance long-term shareholder ‎value, which is our management team and board's top priority. The NCIB reflects our strong view that our ‎common shares continue to trade at a ...more

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