STOCK TITAN

SRx Health Insiders Purchase Shares of Better Choice in the Open Market

Rhea-AI Impact
(Moderate)
Rhea-AI Sentiment
(Positive)
Tags

Better Choice Company (NYSE American: BTTR) announced that board members and senior management of SRx Health Solutions Inc. have purchased 10,000 shares of Better Choice common stock in the open market. Additionally, Better Choice has activated its share repurchase program and has been buying shares amid market volatility.

Adesh Vora, SRx Health Founder and CEO, stated that they believe Better Choice is undervalued and their investment demonstrates confidence in the combined businesses, growth prospects, operational excellence, and strong cash flow. The company is committed to enhancing shareholder value and will continue to be opportunistic with share repurchases.

Better Choice Company (NYSE American: BTTR) ha annunciato che i membri del consiglio di amministrazione e i dirigenti senior di SRx Health Solutions Inc. hanno acquistato 10.000 azioni di azioni ordinarie di Better Choice nel mercato aperto. Inoltre, Better Choice ha attivato il suo programma di riacquisto di azioni e ha iniziato ad acquistare azioni a causa della volatilità del mercato.

Adesh Vora, fondatore e CEO di SRx Health, ha dichiarato che credono che Better Choice sia sottovalutata e che il loro investimento dimostri fiducia nelle attività aziendali combinate, nelle prospettive di crescita, nell'eccellenza operativa e nel forte flusso di cassa. L'azienda è impegnata a migliorare il valore per gli azionisti e continuerà ad essere opportunistica riguardo ai riacquisti delle azioni.

Better Choice Company (NYSE American: BTTR) anunció que los miembros de la junta y la alta dirección de SRx Health Solutions Inc. han comprado 10,000 acciones de acciones comunes de Better Choice en el mercado abierto. Además, Better Choice ha activado su programa de recompra de acciones y ha estado comprando acciones en medio de la volatilidad del mercado.

Adesh Vora, fundador y CEO de SRx Health, afirmó que creen que Better Choice está subvaluada y que su inversión demuestra confianza en los negocios combinados, las perspectivas de crecimiento, la excelencia operativa y el fuerte flujo de caja. La empresa está comprometida a mejorar el valor para los accionistas y continuará siendo oportunista con las recompras de acciones.

Better Choice Company (NYSE American: BTTR)는 SRx Health Solutions Inc.의 이사회 구성원과 고위 경영진이 공개 시장에서 Better Choice 일반 주식 10,000주를 매입했다고 발표했습니다. 또한, Better Choice는 자사주 매입 프로그램을 활성화했다고 밝혔으며, 시장 변동성이 커지면서 주식을 매입해왔습니다.

Adesh Vora, SRx Health의 창립자이자 CEO는 Better Choice가 저평가되어 있다고 믿으며 그들의 투자가 결합된 사업, 성장 전망, 운영 우수성 및 강력한 현금 흐름에 대한 신뢰를 보여준다고 언급했습니다. 이 회사는 주주 가치를 향상시키는 데 전념하고 있으며 앞으로도 자사주 매입에 대해 기회를 노릴 것입니다.

Better Choice Company (NYSE American: BTTR) a annoncé que les membres du conseil d'administration et la direction de SRx Health Solutions Inc. ont acheté 10 000 actions de l'action ordinaire de Better Choice sur le marché ouvert. De plus, Better Choice a activé son programme de rachat d'actions et a commencé à acheter des actions dans un contexte de volatilité du marché.

Adesh Vora, fondateur et PDG de SRx Health, a déclaré qu'ils croient que Better Choice est sous-évalué et que leur investissement démontre une confiance dans les entreprises combinées, les perspectives de croissance, l'excellence opérationnelle et un solide flux de trésorerie. L'entreprise s'engage à améliorer la valeur pour les actionnaires et continuera à être opportuniste pour les rachats d'actions.

Better Choice Company (NYSE American: BTTR) gab bekannt, dass die Mitglieder des Vorstands und das obere Management von SRx Health Solutions Inc. im freien Markt 10.000 Aktien der Stammaktien von Better Choice erworben haben. Darüber hinaus hat Better Choice sein Aktienrückkaufprogramm aktiviert und kauft inmitten der Marktschwankungen Aktien zurück.

Adesh Vora, Gründer und CEO von SRx Health, erklärte, dass sie glauben, dass Better Choice unterbewertet ist und ihre Investition Vertrauen in die kombinierten Unternehmen, Wachstumschancen, operative Exzellenz und starken Cashflow zeigt. Das Unternehmen engagiert sich dafür, den Wert für die Aktionäre zu steigern und wird weiterhin opportunistisch bei Aktienrückkäufen vorgehen.

Positive
  • Insider buying of 10,000 shares by SRx Health executives and board members
  • Activation of share repurchase program by Better Choice
  • Management's confidence in the company's undervaluation and growth prospects
Negative
  • None.

Senior executives and board members of SRx Health have purchased 10,000 shares in the open market

Better Choice’s share repurchase program has been activated and the Company has purchased shares amid the volatility

TAMPA, Fla., Sept. 16, 2024 (GLOBE NEWSWIRE) -- Better Choice Company, Inc. (NYSE American: BTTR) (“Better Choice” or the “Company”), a pet health and wellness company, today announced that certain board members and senior management of SRx Health Solutions Inc. have purchased 10,000 shares of Better Choice common stock.

Additionally, Better Choice has activated its share repurchase program and has purchased shares in the open market.

Adesh Vora, SRx Health Founder and CEO, commented, “We, along with the team at Better Choice, believe Better Choice to be undervalued. Our investment in Better Choice’s equity at this valuation demonstrates our confidence in our combined businesses, growth prospects, operational excellence and strong cash flow going forward. We are committed to enhancing shareholder value and will continue to be opportunistic with our share repurchases.”

About Better Choice Company Inc.
Better Choice Company Inc. is a rapidly growing pet health and wellness company committed to leading the industry shift toward pet products and services that help dogs and cats live healthier, happier, and longer lives. We take an alternative, nutrition-based approach to pet health relative to conventional dog and cat food offerings and position our portfolio of brands to benefit from the mainstream trends of growing pet humanization and consumer focus on health and wellness. We have a demonstrated, multi-decade track record of success selling trusted pet health and wellness products and leverage our established digital footprint to provide pet parents with the knowledge to make informed decisions about their pet’s health. We sell the majority of our dog food, cat food and treats under the Halo brand, which is focused, respectively, on providing sustainably sourced kibble and canned food derived from real whole meat, and minimally processed raw-diet dog food and treats. For more information, please visit 
https://www.betterchoicecompany.com.

Forward Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The words “believe,” “may,” “estimate,” “continue,” “anticipate,” “intend,” “should,” “plan,” “could,” “target,” “potential,” “is likely,” “will,” “expect” and similar expressions, as they relate to us, are intended to identify forward-looking statements. The Company has based these forward-looking statements largely on our current expectations and projections about future events and financial trends that we believe may affect our financial condition, results of operations, business strategy and financial needs. Some or all of the results anticipated by these forward-looking statements may not be achieved. Further information on the Company’s risk factors is contained in our filings with the SEC. Any forward-looking statement made by us herein speaks only as of the date on which it is made. Factors or events that could cause our actual results to differ may emerge from time to time, and it is not possible for us to predict all of them. The Company undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future developments or otherwise, except as may be required by law.

Company Contact:
Better Choice Company, Inc.
Kent Cunningham, CEO

Investor Contact:
KCSA Strategic Communications
Valter Pinto, Managing Director
T: 212-896-1254
Valter@KCSA.com


FAQ

How many shares of Better Choice (BTTR) did SRx Health insiders purchase?

SRx Health board members and senior management purchased 10,000 shares of Better Choice (BTTR) common stock in the open market.

What action has Better Choice (BTTR) taken regarding its share repurchase program?

Better Choice (BTTR) has activated its share repurchase program and has been purchasing shares in the open market amid volatility.

Why did SRx Health insiders buy shares of Better Choice (BTTR)?

SRx Health insiders believe Better Choice (BTTR) is undervalued and their investment demonstrates confidence in the combined businesses, growth prospects, operational excellence, and strong cash flow.

What did Adesh Vora, SRx Health's CEO, say about Better Choice (BTTR)?

Adesh Vora stated that they believe Better Choice (BTTR) is undervalued and that they are committed to enhancing shareholder value through opportunistic share repurchases.

Better Choice Company Inc.

NYSE:BTTR

BTTR Rankings

BTTR Latest News

BTTR Stock Data

3.85M
1.57M
21.76%
15.85%
2.01%
Packaged Foods
Beverages
Link
United States of America
TAMPA