TORONTO, March 12, 2025 /CNW/ - Medical Facilities Corporation ("Medical Facilities" or the "Corporation") (TSX: DR), announced today that it will take up and repurchase for cancellation 3,374,313 of its outstanding common shares (the "Common Shares") at a price of $18.00 per Common Share (the "Purchase Price") under the Corporation's substantial issuer bid (the "Offer"), for aggregate consideration of approximately $60,737,634. The Offer expired at 11:59 p.m. (Toronto Time) on March 11, 2025. All amounts in this press release are in Canadian dollars.
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Medical Facilities Corporation Announces Results of Substantial Issuer Bid
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