DOMA Perpetual Nominates Three Highly Qualified Candidates for the Board of Pacira BioSciences
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DOMA Perpetual Capital Management has nominated three candidates for the board of Pacira BioSciences, citing poor stock performance and misaligned management interests. Pacira's stock has declined significantly, and DOMA believes new board members are needed to improve shareholder returns.
March 14, 2025 | 12:45 pm
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Pacira BioSciences has faced a significant stock decline over the past decade, with management criticized for self-enrichment and poor capital allocation. DOMA Perpetual is pushing for board changes to improve shareholder value.
The nomination of new board members by a significant shareholder like DOMA Perpetual suggests potential changes in corporate governance and strategy, which could positively impact Pacira's stock price if successful in addressing the highlighted issues.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100