Pro Medicus secures $44m deal, continues share buy-back

Pro Medicus Limited has secured a 5-year, $44 million contract with Advanced Radiology Management, LLC, for its cloud-based Visage 7 Enterprise Imaging Platform, including the Visage 7 Viewer. The implementation, based on a transactional licensing model, is set to begin immediately with a Go-Live target of late Q2 2026. This move aligns with Pro Medicus's CloudPACS strategy, which is becoming a standard in the North American healthcare IT market.

Concurrently, Pro Medicus has been actively engaged in an on-market share buy-back program, which commenced on 1 April 2025 and is scheduled to conclude on 31 March 2026. As of 17 November 2025, the company had bought back a total of 31,086 securities before the previous day, with an additional 3,915 securities bought back on 14 November 2025, bringing the total consideration paid to AUD 7,497,341.82.

The highest price paid for shares was AUD 262.47 on 12 November 2025, while the lowest was AUD 190.77 on 4 April 2025. The company intends to buy back a maximum of 10,447,056 securities, with 10,412,055 securities remaining to be bought back as of the end of 14 November 2025.