Sharecare (SHCR) concludes strategic review, announces share repurchase program

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Sharecare concludes strategic review, announces share repurchase program

May 31, 2023 7:00 AM EDT

Board of Directors re-authorizes $50 million for stock repurchases; determines alignment, optimization, and growth initiatives best path to maximize value for shareholders

ATLANTA, May 31, 2023 (GLOBE NEWSWIRE) -- Sharecare (Nasdaq: SHCR), the digital health company that helps people manage all their health in one place, today announced that its Board of Directors has completed the strategic review process initiated in August 2022.

After evaluating a number of alternatives with the support of advisors, the Board unanimously concluded that the best way to maximize value for shareholders at this time... More