Hydreight Technologies Initiates Major Stock Buyback Program to Align Market Value with Growth Potential

Hydreight Technologies Inc. Announces a Normal Course Issuer Bid

Hydreight Technologies Inc. has unveiled its intent to initiate a normal course issuer bid (NCIB) aimed at repurchasing up to 4,951,189 of its common shares. This represents approximately 9.27% of the Company’s total outstanding shares. The NCIB will commence on March 12, 2026, extending till March 11, 2027, or earlier if completed sooner or as decided by the Company.

This strategic move comes as Hydreight, a leader in providing compliant digital health infrastructure and on-demand healthcare services across the United States, seeks to bolster its shares' market value in light of ongoing operational momentum.

The shares will be repurchased through the facilities of the TSX Venture Exchange, with transactions occurring at current market prices. Funding for these purchases will be sourced from the company’s existing working capital. According to Hydreight's management, this action is intended to foster an orderly market and align the stock’s trading price with its intrinsic value, which they believe has not yet been realized in the current market.

CEO Shane Madden stated, "The Board believes that our shares are currently undervalued. The normal course issuer bid provides us with the flexibility to allocate capital judiciously while creating additional shareholder value."

Furthermore, the company intends to provide a summary of this buyback in an upcoming management information circular, ensuring that shareholders are well informed. Hydreight sees this as a necessary step, especially if the stock begins to trade in a range that neglects its growth prospects and financial position.

About Hydreight Technologies Inc.

Hydreight continues to gain traction within the digital health space, focusing on the establishment of one of the largest mobile clinic networks in the U.S. Equipped with a robust platform, the company connects a network of over 3,000 healthcare professionals with patients, allowing services to be delivered conveniently at home or on-site.

One of the flagship offerings is the VSDHOne platform, developed in collaboration with Victory Square Technologies. This user-friendly solution aims to simplify the process for businesses, particularly medi-spas, looking to enter the online healthcare market. Compliant healthcare services offered through VSDHOne include a wide variety of treatments, ensuring businesses can operate effectively and within regulations.

As Hydreight gears up for this buyback program, it also celebrates its recognition as the 56th fastest-growing company in North America as per the latest Deloitte Technology Fast 500 rankings. This enhancement in growth trajectory serves as a cornerstone for their operational philosophy, continuing to prioritize compliance while empowering healthcare professionals.

Investors are advised to be cautious and consider various factors while interpreting forward-looking statements regarding the future of the company and its shares. As the stock market landscape shifts, Hydreight Technologies aims to remain a key player in the evolving healthcare sector, paving the way for innovation and growth.

The financial maneuvers reflected in this NCIB signify ongoing confidence in the company’s long-term strategy amidst extraordinary growth conditions. As the healthcare sector increasingly moves toward digital solutions, Hydreight stands ready to adapt and lead in this transformative era.