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Stock Market & Financial Investment News

News Breaks
December 28, 2012
05:08 EDTNHC, NHINational Health Investors extends lease to National Healthcare through 2026
National Health Investors (NHI) announced the extension of a master lease with National Healthcare Corporation (NHC) through December 31, 2026, for 38 skilled nursing facilities and 3 independent living facilities. Additionally, NHC agreed to a $21M purchase price for six older skilled nursing facilities from the existing portfolio. Rent revenue from NHC is $33.7M per year, plus an additional percentage of revenue growth over a base year. Effective January 1, 2014, NHC's annual base rent will decrease by $2.95M.
News For NHI;NHC From The Last 14 Days
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May 11, 2015
05:32 EDTNHCNational Healthcare announces $25M stock repurchase program
National HealthCare announces that its board, at a regularly scheduled meeting, has authorized two new stock repurchase programs. One of the programs will allow for repurchases of up to $25M of its common stock and the other program will allow for the repurchase of up to $25M of its preferred stock. Both of the new stock purchase plans expire on August 31, 2016. These stock purchase plans replace the stock purchase plan previously approved by the board on August 5, 2014.

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