Orion Health announces deployment agreement

Company News

by Anna Napoli

Orion Health (ASX:OHE) has today announced the signing of a significant agreement with a customer in the Middle East to deploy its population health management and technology services.

The global health technology company says its an important development and supports the achievement of Orion's objective of achieving long term sustainable profitability.

Separately, the company has announced the completion of its recent Share Buyback returning $129 million of capital shareholders.

Orion Health's major shareholder McCrae Limited bought up 20 per cent of the shares on offer taking its ownership stake in the company to 85.57 per cent.

Shares Orion Health (ASX:OHE) last traded at $1.10.
 

Anna Napoli

Finance News Network
Anna joined FNN February 2018 and also works with Channel 7 as a freelance producer. Anna has also worked as a lawyer and lecturer. She has also presented news updates for interstate news with Southern Cross Austereo.