Tranche Update on Healthcare Services Group, Inc.'s Equity Buyback Plan announced on April 19, 2005.
October 20, 2021 at 07:04 am EDT
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From July 1, 2021 to September 30, 2021, the company has repurchased 132,750 shares, representing 0.18% for $3.56 million. With this, the company has completed the repurchase of 1,883,212 shares, representing 3.08% for $22.15 million under the buyback announced on April 19, 2005.
Healthcare Services Group, Inc. provides management, administrative and operating services to the housekeeping, laundry, linen, facility maintenance and dietary service departments of healthcare facilities, including nursing homes, retirement complexes, rehabilitation centers and hospitals located throughout the United States. The Company's segments include housekeeping, laundry, linen and other services (Housekeeping), and dietary department services (Dietary). Housekeeping segment manages its customers housekeeping departments, which are responsible for the cleaning, disinfecting and sanitizing of resident rooms and common areas of the customers facilities, as well as the laundering and processing of the bed linens and other assorted linen items. Dietary segment manages its customers dietary departments, which are responsible for food purchasing, meal preparation and professional dietitian services that include the development of menus that meet the dietary needs of residents.