Carerx Corporation (TSE:CRRX) has released an update.
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CareRx Corporation has set up an automatic share purchase plan (ASPP) to facilitate the acquisition of up to 1,000,000 shares during a year-long period, despite regulatory restrictions and blackout periods. The ASPP will operate under a broker’s discretion within specific parameters, allowing the company to continue share purchases under its normal course issuer bid. CareRx, a leading pharmacy service provider for seniors in Canada, aims to ensure consistent share buybacks while adhering to market rules and securities laws.
For further insights into TSE:CRRX stock, check out TipRanks’ Stock Analysis page.
