CompuMed, Inc. (OTCPK:CMPD) announces a share repurchase program. Under the program, the company will repurchase up to 362,168 shares, representing 21.57% of its issued share capital for a total of $0.72 million. The shares will be repurchased at a price of $2 per share.

The shares are being repurchased from V.I. Capital Fund. The repurchased shares will be retired. As of June 12, 2023, the company has 1,678,707 issued and outstanding shares.