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CareRx (CHHHF) Stock News

CHHHF OTC

CareRx Corp provides pharmacy services to seniors living and other congregate care communities in Canada, including long-term care homes, retirement homes, assisted living facilities and group homes. Company news commonly covers financial results, dividends on common shares, conference calls, healthcare investor events and operating updates tied to medication management services.

CareRx's updates also describe its national network of pharmacy fulfillment centers, automated preparation and verification of multi-dose compliance packaging, and work with home operator partners on resident health, staff education and medication system quality and efficiency.

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CareRx (CHHHF) declared a dividend of CAD$0.022 per outstanding common share, payable on January 7, 2027, to eligible shareholders. Holders of record at the close of business on December 14, 2026, will receive the payment. The dividend is designated as an eligible dividend for Canadian income tax purposes.

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CareRx (CHHHF) reported third-quarter 2026 revenue of C$95.3 million, with higher resident volumes but lower earnings and operating cash flow. Net income fell to C$241,000 from C$1.55 million a year earlier. Adjusted EBITDA, a non-IFRS earnings measure, declined to C$8.1 million from C$8.3 million; its margin narrowed to 8.5% from 9.0%. Operating cash flow fell to C$6.5 million from C$10.1 million.

Average beds serviced rose to 93,225 from 91,298, and approximately 3,000 retirement residents were onboarded under a national customer contract. Net debt increased to C$29.6 million despite lower borrowings. CareRx renewed authorization to repurchase up to 1,750,000 shares and replaced its credit facility with a National Bank of Canada agreement. It also declared a quarterly dividend payable January 7, 2027, and plans to relocate its corporate and registered office to Richmond Hill in early 2027.

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CareRx (CHHHF) will host a conference call on November 5, 2026, at 8:30 a.m. ET to discuss third-quarter results. The company expects to report results for the period ended September 30, 2026, after market close on November 4, 2026. A live webcast with slides will be available through its investor website and archived for 90 days.

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CareRx (TSX: CRRX, OTC: CHHHF) entered into and closed a new credit agreement with National Bank of Canada, replacing its existing credit facility. The New Credit Agreement provides a larger and more flexible capital structure intended to support CareRx's growth and reduce its overall cost of capital.

The agreement includes a $20 million senior secured revolving facility, a $40 million senior secured term loan, and a $10 million senior secured acquisition and capex facility. CareRx may increase the Revolver and Acquisition/Capex Facility by up to an additional $20 million, and the facilities may be syndicated in future. At closing, CareRx drew $40 million on the Term Loan to fully repay its prior credit facility. The facilities are secured by substantially all company and subsidiary assets and carry customary financial and non‑financial covenants.

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CareRx (CHHHF) reported Q2 2026 revenue of $93.6 million, up from $91.4 million in Q2 2025, with Average Beds Serviced rising to 91,719. Adjusted EBITDA was $8.0 million, similar to Q2 2025, while Adjusted EBITDA Margin edged down to 8.6% from 8.8%.

Net income was $0.4 million ($0.01 per share), and cash from operations was $3.7 million. Net Debt declined year over year to $29.1 million, with Net Debt to Adjusted EBITDA at 0.87. CareRx signed a long-term contract with a national seniors home operator, expecting about 3,000 additional beds starting Q3 2026, closed its St. Catharines pharmacy and relocated beds to Oakville, and raised its quarterly dividend 10% to CAD$0.022 per share, payable October 8, 2026.

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CareRx (OTC: CHHHF, TSX: CRRX) announced that its Board has declared a quarterly dividend of CAD$0.022 per common share, payable on October 8, 2026 to shareholders of record as of the close of business on September 15, 2026. The dividend is designated as an eligible dividend for Canadian tax purposes, and non-resident holders may be subject to withholding tax, potentially reduced by treaty.

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CareRx Corporation (OTC: CHHHF; TSX: CRRX) will host a conference call to discuss its second quarter 2026 financial results on Thursday, July 30, 2026 at 8:30 a.m. ET. According to CareRx, results for the period ended June 30, 2026 are expected after market close on Wednesday, July 29, 2026.

Investors can join by telephone at 647-849-3320 or 1-833-752-4643, or via a live webcast and slide presentation accessible through the Events and Presentations page of the CareRx investor website. The webcast and slides will be archived for 90 days.

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CareRx Corporation (TSX: CRRX) reported the voting results from its May 28, 2026 Annual General Meeting of Shareholders. All director nominees listed in the Management Information Circular were elected, and all other meeting resolutions passed.

Each director received approximately 99.5%–100% of votes cast in favour.

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CareRx (CHHHF) declared a quarterly cash dividend of CAD $0.02 per common share, payable July 9, 2026, to shareholders of record at the close of business on June 23, 2026. The dividend is designated an eligible dividend for Canadian tax purposes; non‑residents may face withholding tax.

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CareRx (OTC:CHHHF) reported Q1 2026 results: Average Beds Serviced rose to 92,036, revenue was CAD$93.9 million, and Adjusted EBITDA was CAD$8.4 million with a 9.0% margin. Cash from operations was CAD$6.9 million. The company estimates up to a CAD$2.0 million capitation reduction from changes to Ontario funding. Net debt declined to CAD$25.0 million. The board declared a CAD$0.02 dividend payable July 9, 2026. A Q1 results webcast and conference call are scheduled for May 7, 2026.

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FAQ

What is the current stock price of CareRx (CHHHF)?

CareRx (CHHHF) last closed at $2.44.

What is the market cap of CareRx (CHHHF)?

The market cap of CareRx (CHHHF) is approximately $154.8M.