DocGo announced that as of March 12, it has repurchased a total of 1.25M shares of its common stock at an average of $3.88 per share under its share repurchase program announced on January 31. Pursuant to the repurchase program, DocGo is authorized to purchase up to $36M of its common stock during a six-month period ending July 30. DocGo also announced that it has entered a 10b5-1 trading plan to facilitate repurchases of up to an additional $10M of its common stock under the repurchase program, which will enable the continued purchase of shares during the company’s quarterly blackout period that begins on March 15. The 10b5-1 plan will run through May 6.
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