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Global Medical REIT Inc. Announces the Approval of a $50 Million Common Stock Repurchase Program and One-for-Five Reverse Stock Split

1. GMRE's Board approved a $50 million stock repurchase program. 2. A reverse stock split at a 1-for-5 ratio was also announced.

Shares Buyback
-0.59%Current Return
VS
+0.01%S&P 500
$6.7908/13 04:32 PM EDTEvent Start
$6.7508/14 10:54 PM EDTLatest Updated
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FAQ

Why Bullish?

Stock buybacks generally boost share value by reducing supply. Historical examples include companies like Apple, which increased share prices post-repurchase announcements.

How important is it?

Stock repurchase indicates confidence in the company's value and may stabilize or increase stock price, attracting investor interest.

Why Short Term?

Immediate impact expected from stock repurchase; reverse split may also attract short-term investors.

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AAPLJNJHCA
BETHESDA, Md.--(BUSINESS WIRE)--Global Medical REIT Inc. (NYSE: GMRE) (the “Company” or “GMRE”), today announced that its Board of Directors (the “Board”) approved a $50 million common stock repurchase program and reverse stock split of the Company's common stock at a ratio of one-for-five. Common Stock Repurchase Program On August 12, 2025, the Board approved a $50 million common stock repurchase program (the “Program”). Under the Program, the Company may purchase up to $50 million of its outs.

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