Bullboard - Stock Discussion Forum WELL Health Technologies Corp T.WELL

Alternate Symbol(s): WHTCF | T.WELL.DB

Healthcare Medical Care

WELL Health Technologies Corp. is a Canada-based practitioner-focused digital healthcare company. Its healthcare and digital platform includes extensive front and back-office management software applications that help physicians run and secure their practices. Its business units include Canadian Patient Services, WELL Health USA Patient and Provider Services, and SaaS and Technology Services... see more

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TSX:WELL - Post Discussion

WELL Health Technologies Corp > NCBI & Blackout period

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Post by hrgoyal on May 16, 2022 3:59pm

NCBI & Blackout period

Can someone tell me "is a company allowed to buy its stock under NCBI during blackout period?"

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Comment by LarryBird on May 16, 2022 5:07pm

Not during black out period. But in case you haven't noticed ... WELL isn't buying back their shares. They are in fact selling more of their shares at a discount to market price. ( aka. Diluting to finance their day to day activities). Basically the complete opposite to buying back shares. Lol

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Comment by hrgoyal on May 16, 2022 6:28pm

Thx LarryBird. My question was not specific to WELL as I know very well that WELL told that they will buy back & infact bought 50k at $4.85 but then sold 8M shares at $3.70. What a deal? So companies can't buy their own share under NCIB during blackout period

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WELL Health Technologies Corp