well health technologies corp said that it has arranged for an automatic share purchase plan through which its broker handle the planned purchase up to 25 of the companys public float over the course of a one year period the canadian digital health technology company had previously received approval from the toronto stock exchange to purchase up to 56 million common shares by way of a normal course issuer bid or ncib at tuesdays closing price of 330 canadian dollars us255 the shares the company could buy back would be worth about c183 million the shares will be purchased by its broker during the 12month period which began on june 1 and ends on may 31 of next year the broker may purchase shares at times when the wouldnt be active in the market due to insider trading rules and internal trading blackout periods well health said well healths stock has fallen nearly 33 since the beginning of the year and around 58 in the past 12 months