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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