KindlyMD Announces $500,000 Stock Repurchase Program

KindlyMD, Inc. has launched a stock repurchase program, as approved by its Board of Directors. The healthcare company, based in Salt Lake City, may buy back up to $500,000 worth of its common shares. The repurchases will occur according to market conditions, guided by management discretion.

CEO Tim Pickett expressed confidence in the company's valuation and growth prospects. The program demonstrates a commitment to shareholder value enhancement. Repurchases can occur in various ways, including open market and private transactions, following legal guidelines.

The timing and exact amount of repurchases depend on factors like market and economic conditions. The program is flexible, with no mandatory repurchase obligations and can be altered or stopped as necessary.