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

RTTNews | Pred 1083 dňami
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
FTSE 100 Flat In Lackluster Trade; Bank Stocks Drifting Lower

FTSE 100 Flat In Lackluster Trade; Bank Stocks Drifting Lower

U.K. stocks are somewhat subdued in lackluster trade on Wednesday as investors remain a bit reluctant to make significant moves due to a lack of triggers. The benchmark FTSE 100 was at 9,266.25 a little before noon, up 0.45 points over previous close.
RTTNews | Pred 27 minútami
CAC 40 Advances After Recent Losses

CAC 40 Advances After Recent Losses

Despite the uncertainty on the political front, the French market is up in positive territory on Wednesday due largely to some bargain hunting at several counters after two successive days of declines. Investors are also looking ahead to AI giant Nvidia's earnings updates.
RTTNews | Pred 42 minútami
DAX Remains Weak Despite Paring Some Early Losses

DAX Remains Weak Despite Paring Some Early Losses

German stocks are down in negative territory in cautious trade on Wednesday amid political uncertainty in France ahead of a confidence vote early next month, and anxiety ahead of Nvidia's earnings for clues on the AI trade.
RTTNews | Pred 59 minútami
Mixed Sentiment In Asian Markets

Mixed Sentiment In Asian Markets

Asian markets moved in a mixed fashion on Wednesday amidst anxiety ahead of release of earnings update by chip-giant NVIDIA.
RTTNews | Pred 1 h 9 min