(the "Selling Stockholder"), it intends to
repurchase from the underwriter in such offering, out of the 6,666,684 shares of common stock, a number of shares having an aggregate purchase price of $300 million at a price per share equal to the price at which the underwriter will purchase the shares from the Selling Stockholder.
has announced the approval of a new share
repurchase plan, the company said.
Release date- 02092019 - The board of directors (the 'Board') of the Lee's Pharmaceutical Holdings Limited (the 'Company') is pleased to announce that the Company has decided to implement a share
repurchase program (the 'Share
Repurchase Program') through the exercise of the general mandate to
repurchase shares of the Company (the 'Shares') that has been granted by the shareholders of the Company to the Board at the annual general meeting held on 20 May 2019 (the '
Repurchase Mandate').
(Share
Repurchase under the provisions of Articles of Incorporation pursuant to Article 165 (2) of the Companies Act)
Under the new
repurchase program, management is authorized to
repurchase up to$10 million, or approximately 5%, of the 12.8 million outstanding shares of the company's common stock.
To date, the Company has repurchased approximately 400,482 shares of common stock under the
repurchase program, leaving approximately 242,303 shares that may still be repurchased under the
repurchase program.
NORDIC BUSINESS REPORT-December 10, 2018-Technopolis notifies on notes
repurchase due to change of control event
TELECOMWORLDWIRE-November 27, 2018-Avaya approves warrant
repurchase program
has completed an accelerated share
repurchase program that started in early August.
The company also announced that its board of directors has approved a new stock
repurchase program authorizing the
repurchase of up to USD 250 million of its outstanding common stock through June 2020.
Auto Business News-June 18, 2015--Harley-Davidson authorised to
repurchase 15.0 million shares of common stock
M2 PHARMA-September 20, 2012-CVS Caremark Corporation approves new share
repurchase programme(C)2012 M2 COMMUNICATIONS
-- After completing a $750 million share
repurchase program, AmerisourceBergen has kicked off a second buyback.
While customer satisfaction, loyalty and
repurchase intent are some of the most researched areas in marketing and consumer behavior, there is little certainty on the direction and strength of these relationships-After completing a literature review, this study develops a model of loyalty dimensions, satisfaction and
repurchase intent.