Qiagen to return $500M to shareholders through synthetic share repurchase

Qiagen (QGEN) announces a plan to return up to approximately $500M to shareholders through a synthetic share repurchase that combines a direct capital repayment with a reverse stock split. Qiagen has decided to implement the maximum $500M value of the mandate given at the Annual General Meeting in June, where shareholders gave virtually unanimous approval for the related resolutions, the company said. “This approach is designed to return cash to shareholders in a more efficient way than through a traditional open-market repurchase program. It would also enhance earnings per share through the reduction in outstanding shares. The synthetic share repurchase will become effective on or about January 7, 2026, and will be settled in line with market convention in the subsequent days,” the company stated.