Ascendis Pharma A/S Announces Share Repurchase Program & Net Settlement of Certain RSUs
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Ascendis Pharma A/S has announced a share repurchase program, planning to use approximately $25 million in the first quarter of 2025 to preserve around 200,000 ADSs as treasury shares.
February 12, 2025 | 9:15 pm
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Ascendis Pharma A/S plans a $25 million share repurchase program in Q1 2025 to preserve 200,000 ADSs as treasury shares.
The announcement of a share repurchase program is generally seen as a positive signal by the market, indicating that the company believes its shares are undervalued. This can lead to a short-term increase in stock price as it reduces the number of shares available in the market, potentially increasing earnings per share.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100