Zealand Pharma corrects reported share buy-back transaction dates
The amendment updates the weekly transaction table for late August, reflecting daily purchases executed on Nasdaq Copenhagen under its DKK 1.3 billion program.
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Biotechnology company developing peptide and small-molecule medicines
zealandpharma.comLast updated
In short: Zealand Pharma advanced its obesity drug pipeline into Phase 3 trials and initiated a DKK 1.3 billion share buy-back program.
The amendment updates the weekly transaction table for late August, reflecting daily purchases executed on Nasdaq Copenhagen under its DKK 1.3 billion program.
The transaction provides immediate capital for strategic priorities while retaining partial future sales incentives beyond a fifteen billion threshold.
The biotechnology firm acquired 131,000 shares at an average price of roughly DKK 321, bringing its total treasury holdings to over 3.3 million shares.
The company repurchased 198,000 shares at an average price of approximately DKK 295 per share.
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