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Psyence Biomedical ( (PBM) ) has shared an announcement.
On January 12, 2026, Psyence Biomedical announced that its board of directors has approved a 2026 Financial Strategy and Capital Management Framework that includes authorizing a share repurchase program, to be used when management believes the company’s stock is undervalued. Following a review of its balance sheet, capital structure, market conditions and Nasdaq listing considerations, the board said buybacks may be undertaken over the next six to twelve months through an independent broker, provided the company maintains sufficient liquidity to fund planned clinical and regulatory milestones; any repurchases are discretionary, may be modified or halted, and are intended to enhance shareholder value and potentially increase per-share ownership metrics for remaining investors.
More about Psyence Biomedical
Psyence Biomedical Ltd. (Psyence BioMed) is a Nasdaq-listed, vertically integrated biopharmaceutical company specializing in psychedelic-based therapeutics. It focuses on developing nature-derived (non-synthetic) psilocybin and ibogaine medicines aimed at addressing unmet mental health needs, with an evidence-based strategy to advance safe, effective treatments through clinical and regulatory pathways in major markets.
Average Trading Volume: 1,371,766
Technical Sentiment Signal: Sell
Current Market Cap: $1.5M
See more insights into PBM stock on TipRanks’ Stock Analysis page.