Electromed (ELMD) Announces Share Repurchase Authorization

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Go back to Electromed (ELMD) Announces Share Repurchase Authorization

Electromed, Inc. Announces Share Repurchase Authorization

September 11, 2024 9:00 AM EDT

NEW PRAGUE, Minn.--(BUSINESS WIRE)-- Electromed, Inc. (Electromed) (NYSE American: ELMD), a leader in innovative airway clearance technologies, today announced that effective as of September 11, 2024, its board of directors authorized the repurchase of up to $5.0 million of Electromed common stock. The new authorization follows the exhaustion of Electromeds previous share repurchase authorization in the fourth quarter of fiscal 2024, as previously reported.

The timing and amount of share repurchases pursuant to the authorization, if any, will be determined by management based on market conditions and other considerations. Repurchases... More