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DocGo To Repurchase Up To $36 Mln Of Shares; Stock Up In Pre-market

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

DocGo Inc. (DCGO), a provider of technology-enabled mobile health services, announced on Thursday that it has authorized to repurchase up to $36 million of shares in the six-month period to July 30.

The company also announced that it has entered a 10b5-1 trading plan to facilitate repurchases of up to an additional $10 million of shares under the repurchase program.

This will enable a continued purchase of shares during the company's quarterly blackout period that begins on March 15.

The 10b5-1 plan will run through May 6.

DocGo was trading up by 6.57 percent at $3.730 in the pre-market trade on the Nasdaq.

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