Health Catalyst Announces ~$5 Million Stock Repurchase
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Health Catalyst, Inc. (Nasdaq: HCAT) has repurchased approximately $5 million worth of its common stock as part of its existing share repurchase program. This move is part of a larger authorization to repurchase up to $40 million of stock.
March 11, 2025 | 12:45 pm
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Health Catalyst has repurchased $5 million of its stock, indicating confidence in its own valuation and potentially boosting stock prices.
The repurchase of $5 million worth of stock by Health Catalyst suggests the company believes its shares are undervalued, which is often seen as a positive signal by investors. This action is likely to increase demand for the stock, potentially driving up its price in the short term.
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