TRxADE Health (NASDAQ: MEDS), a health services IT company focused on digitalizing the retail pharmacy experience by optimizing drug procurement, the prescription journey and patient engagement in the U.S., today announced that its board of directors has authorized the resumption of the previously disclosed stock repurchase program, which the board modified to allow for the repurchase of up to a maximum of 100,000 shares of the company’s common stock. Originally approved in May 2021, the program was paused while the company’s “at-the-market” offering was ongoing, and which “at-the-market” offering was recently terminated. There is no time frame for the repurchase program, and it will remain in place until a maximum of 100,000 shares of TRxADE’s common stock has been repurchased or until such program is discontinued by the board of directors.
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About TRxADE Health Inc.
TRxADE Health is a health services IT company focused on digitalizing the retail pharmacy experience by optimizing drug procurement, the prescription journey and patient engagement in the U.S. The company operates the TRxADE drug procurement marketplace serving a total of 12,950+ members nationwide, fostering price transparency and, under the Bonum Health brand, offering patient centric telehealth services. For info on TRxADE Health, please visit the company’s IR website at investors.trxadegroup.com.
NOTE TO INVESTORS: The latest news and updates relating to MEDS are available in the company’s newsroom at http://ibn.fm/MEDS
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