tiprankstipranks
Trending News
More News >

Oncopeptides AB Annual General Meeting: Key Resolutions and Shareholder Program

Story Highlights
Oncopeptides AB Annual General Meeting: Key Resolutions and Shareholder Program

Confident Investing Starts Here:

An update from Oncopeptides AB ( (SE:ONCO) ) is now available.

Oncopeptides AB held its Annual General Meeting where key resolutions were passed, including the adoption of the annual report and the re-election of board members. A new long-term shareholder program was introduced, offering Restricted Share Units to board members, enhancing their stake in the company. The meeting also authorized the Board to issue new shares, warrants, and convertibles, aiming to increase financial flexibility and support potential acquisitions or project development. These decisions are poised to impact Oncopeptides’ operational strategy and shareholder engagement, potentially strengthening its market position.

More about Oncopeptides AB

Oncopeptides is a Swedish biotech company that focuses on the research, development, and commercialization of targeted therapies for difficult-to-treat cancers. Utilizing its proprietary Peptide Drug Conjugate (PDC) platform, the company develops compounds that deliver cytotoxic agents into cancer cells. Its flagship drug is being commercialized in Europe, with partnerships in South Korea, the Middle East, and Africa. Founded in 2000, Oncopeptides employs about 80 people and operates in Sweden, Germany, Austria, Spain, and Italy. It is listed on Nasdaq Stockholm under the ticker ONCO.

Average Trading Volume: 909,885

Current Market Cap: SEK412.4M

For an in-depth examination of ONCO stock, go to TipRanks’ Stock Analysis page.

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.

Report an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App