GlobeNewsWire
21 Aug 2026, 11:30 UTC · 7w ago
Arbutus Announces Intent to Repurchase Up to US$230 Million of its Common Shares Through Modified “Dutch Auction” Tender Offer
Impact · against what's priced in
Arbutus Biopharma is introducing a significant catalyst through a $230 million share repurchase program, providing a concrete valuation floor of $5.00 to $5.75. While the ongoing litigation against Pfizer and BioNTech is a known factor, the direct return of capital from the Moderna settlement creates immediate upward pressure on ABUS shares.
- ABUS+0.80
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