- Zynex (ZYXI +0.8%) approved a program to buy back $10M of the company's common stock.
- The program will commence on June 10, 2022 and is scheduled to terminate on June 9, 2023 or when the $10M buyback limit is reached.
- Company expects to finance the purchases with existing cash balances, which is not expected to have a material impact on capital levels.
- Company has ~41.6M shares issued and 38.5M shares outstanding as of June 8, 2022.