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Genmab Completes Share Buy-Back Program

Genmab Completes Share Buy-Back Program

Genmab (Otc) (GMAB) has released an update.

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Genmab A/S successfully completed its share buy-back program on March 15, 2024, fulfilling its commitment to the Restricted Stock Units program. The biotech company repurchased a total of 190,000 shares, now holding 865,972 treasury shares, which equates to 1.31% of its total share capital and voting rights. The buy-back, conducted under EU Market Abuse Regulation and Safe Harbour Regulation, underscores Genmab’s dedication to its long-term vision of transforming lives with innovative antibody medicines.

For further insights into GMAB stock, check out TipRanks’ Stock Analysis page.

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