Orion Health lifts guidance on buyback range

Sun, 04 Nov 2018

By Gavin Evans Nov. 5 (BusinessDesk) - Orion Health Group has raised the minimum price it expects for its coming share buyback by about 3 percent. The buyback, part of the firm’s recent restructuring, will likely be priced at $1.20 to $1.25 a share, the health technology company said today. The lift, from the previously indicated range of $1.16 to $1.26 a share, reflects a better understanding of expected cash holdings with the completion of the sale to Hg last week, the firm said. The buyback, expected later this month, follows th...

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