Ensign Group renews stock repurchase program The Ensign Group's board of directors has authorized the company to renew its stock repurchase plan, which allows the company to purchase up to $10M of its common stock over the next 12 months. The repurchase program does not obligate Ensign to repurchase any dollar amount or number of shares of common stock.
News For ENSG From The Last 14 Days
Check below for free stories on ENSG the last two weeks.
Ensign Group acquires Colorado based hospice agency The Ensign Group announced that it has acquired Namaste Hospice located in Denver, Colorado. Namaste will be operated by Cornerstone Healthcare, Ensign's home health and hospice operating company.The purchase was made with cash, and brings Ensign's growing portfolio to ten home health agencies and nine hospices, across nine states. Ensign expects the newly-acquired agency to be mildly accretive to earnings in 2014. CEO Christopher Christensen reaffirmed that Ensign is actively seeking additional opportunities to acquire both well-performing and struggling home health and hospice operations across the U.S.