(RTTNews) - 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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