Horizon Therapeutics To Buyback Up To $500 Mln Of Ordinary Shares

RTTNews | 1161 days ago
Horizon Therapeutics To Buyback Up To $500 Mln Of Ordinary Shares

(RTTNews) - Biotechnology company Horizon Therapeutics plc (HZNP) today announced that its Board of Directors authorized the repurchase of up to $500 million of the Company's ordinary shares.

Under the program, the Company may repurchase ordinary shares from time to time on the open market or through privately negotiated transactions or structured repurchase transactions.

As of June 30, 2022, the Company had cash and cash equivalents of $1.89 billion. The Company expects to fund the repurchase of its ordinary shares under the program with existing cash and cash equivalents.

read more
Asian Markets Track Wall Street Lower

Asian Markets Track Wall Street Lower

Asian stock markets are trading mostly lower on Friday, following the broadly negative cues from Wall Street overnight, reflecting uncertainty whether key U.S. economic reports will be released following the end of the longest government shutdown in U.S. history, which could alter the US Fed's decision on interest rates. Asian markets ended mostly higher on Thursday.
RTTNews | 1h 14min ago
Thai Stock Market May Turn Lower Again On Friday

Thai Stock Market May Turn Lower Again On Friday

The Thai stock market on Thursday snapped the two-day slide in which it had given up more than 20 points or 1.6 percent. The Stock Exchange of Thailand now sits just above the 1,285-point plateau although it may hand back those gains on Friday.
RTTNews | 2h 13min ago