RTTNews | Jun 7, 2021 10:09AM EDT

10:09 Monday, June 7, 2021 (RTTNews.com) - Shares of Owens & Minor Inc. (OMI) reached a new 52-week high of $46.70 Monday morning, after the global healthcare solutions company announced the launch of the Owens & Minor Foundation to focus on Healthcare, Environment, and Diversity and Inclusion or D&I.

The stock is currently trading at $46.70, up $4.70 or 11.19%, with trading volume of over 495K versus an average volume of 1.17 million shares.

The Foundation would pursue its endeavors through grants, charitable contributions, volunteer activities and donations, and is supported by an initial endowment of $10 million.

Edward Pesicka, President and CEO of Owens & Minor, said, "At Owens & Minor, we continuously seek ways to serve our humble Mission of Empowering Our Customers to Advance Healthcare, and our efforts are guided by our IDEAL Values of integrity, development, excellence, accountability and listening..."

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