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Stock impact report

DocGo Announces Repurchases of Common Stock and Adoption of 10b5-1 Trading Plan for Share Repurchase Program [Yahoo! Finance]

DocGo Inc. (DCGO) 
Company Research Source: Yahoo! Finance
health services, announced today that as of March 12, 2024, it has repurchased a total of 1.25 million shares of its common stock at an average of $3.88 per share under its share repurchase program announced on January 31, 2024 (the "Repurchase Program"). Pursuant to the Repurchase Program, DocGo is authorized to purchase up to $36 million of its common stock during a 6-month period ending July 30, 2024. DocGo also announced that it has entered a 10b5-1 trading plan to facilitate repurchases of up to an additional $10 million 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, 2024. The 10b5-1 plan will run through May 6, 2024. "As we continue to deliver exceptional patient care, we remain committed to delivering profitable growth and creating shareholder value," said Lee Bienstock, CEO of DocGo. "As we previously announced, our full year 2023 results were our s Show less Read more
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