TruBridge Amends Limited Duration Stockholder Rights Plan, Increasing Threshold To 15%
TruBridge, Inc. (TBRG)
Company Research
Source: Business Wire
MOBILE, Ala.--(BUSINESS WIRE)--TruBridge, Inc. (NASDAQ: TBRG) (the “Company”), a healthcare solutions company, announced today that its Board of Directors (the “Board”) has approved an amendment to the Company’s recently adopted limited duration stockholders rights plan (“Rights Plan”), increasing the ownership threshold at which a person, entity or group would trigger the Rights Plan from 10% to 15%. All other terms and conditions of the Rights Plan previously adopted on March 26, 2024 remain unchanged.The Board determined to amend the Rights Plan after having had the opportunity to engage with its stockholders and carefully consider their input as well as the feedback of governance professionals. The Board appreciates the ongoing dialogue with its stockholders and believes the amended Rights Plan continues to position the Board to fulfill its duties by ensuring that it has sufficient time to make informed judgments that are in the best interests of the Company and all of its sto
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News
- Dr. David Rhew, Global Chief Medical Officer & Vice President of Healthcare at Microsoft, to Address Rural and Community Healthcare Professionals at TruBridge National Client ConferenceBusiness Wire
- TruBridge Amends Limited Duration Stockholder Rights Plan, Increasing Threshold To 15% [Yahoo! Finance]Yahoo! Finance
- TruBridge (TBRG): Cove Street Capital's New Addition [Yahoo! Finance]Yahoo! Finance
- TruBridge, Inc. (NASDAQ: TBRG) had its "overweight" rating re-affirmed by analysts at Cantor Fitzgerald. They now have a $24.00 price target on the stock.MarketBeat
- TruBridge, Inc. (NASDAQ:TBRG) Shares Could Be 25% Below Their Intrinsic Value Estimate [Yahoo! Finance]Yahoo! Finance
TBRG
Sec Filings
- 4/23/24 - Form 8-A12B/A
- 4/23/24 - Form 8-K
- 4/19/24 - Form SC
- TBRG's page on the SEC website