Electromed, Inc. (ELMD) announced that on March 6, 2025, its board authorized the repurchase of up to $5.0 million of Electromed common stock. Electromed's board expects to review the share repurchase authorization periodically and may approve changes to its terms and size.
"We believe deploying our excess cash reserves to opportunistically buy back stock helps us to return capital to our shareholders while maintaining both a strong balance sheet and the financial flexibility to invest in future growth opportunities," said Jim Cunniff, President, and CEO.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.