Apollo Medical Holdings, Inc. announces an Equity Buyback for $100 million worth of its shares.
November 07, 2023 at 04:31 pm EST
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Apollo Medical Holdings, Inc. (NasdaqCM:AMEH) announces a share repurchase program. Under the program, the company has entered into a share repurchase agreement with Allied Physicians of California, a Professional Medical Corporation, to repurchase approximately $100 million of the company?s common stock. The company intends to finance the share repurchase with borrowings under its Third Amendment to the Amended and Restated Credit Agreement.
Astrana Health, Inc. is a healthcare company. The Company provides care coordination services to each constituent of the healthcare delivery system, including patients, families, primary care physicians, specialists, acute care hospitals, alternative sites of inpatient care, physician groups, and health plans. The Company's Care Enablement segment is an integrated, end-to-end clinical and administrative platform, powered by its technology suite, which provides operational, clinical, financial, technology, management, and strategic services. Its Care Partners segment is focused on building and managing provider networks by partnering with provider partners for coordinated care delivery. Its Care Delivery segment is a data-driven care delivery organization focused on delivering accessible care to all patients. Its care delivery organization includes primary care, multi-specialty care, and ancillary care services.