MTBC (MTBC) Approves $1M Common Stock Buyback
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MTBC Announces $1,000,000 Stock Repurchase Program
January 27, 2016 4:55 PM ESTSOMERSET, N.J., Jan. 27, 2016 (GLOBE NEWSWIRE) -- MTBC (NASDAQ: MTBC), a leading provider of proprietary, web-based electronic health records, practice management and mHealth solutions, today announced that its Board of Directors approved a one-year $1,000,000 program to repurchase shares of MTBC's common stock. The companys previous share repurchase program expired on January 17, 2016.
"The stock repurchase program reflects our strong confidence in MTBC's growth prospects, strategy and ability to generate long-term shareholder returns," said Mahmud Haq, Chairman and Chief Executive Officer. "Our current stock price presents us with an exciting opportunity to... More
