other material
confidence high
sentiment neutral
materiality 0.40
Regional Health Properties authorizes buyback of up to 500,000 Series B Preferred shares
REGIONAL HEALTH PROPERTIES, INC
- Board authorized repurchase of up to 500,000 shares of Series B Preferred Stock.
- Repurchases may occur via open-market, privately negotiated, block trades, or 10b5-1 plans.
- Funded by cash on hand; no obligation to buy; program indefinite until max shares or board suspension.
- Special Committee of the Board will oversee timing, nature, and conduct of repurchases.