Galapagos NV (GLPG) has released an update.
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Galapagos NV has launched new subscription right plans for its employees, with 1,614,000 rights offered to personnel across its global subsidiaries. These rights have an eight-year term and are exercisable at €26.90, with phased vesting schedules varying by subsidiary. If exercised, the new shares will be listed on a regulated stock market, expanding Galapagos’ commitment to innovation in biotechnology.
For further insights into GLPG stock, check out TipRanks’ Stock Analysis page.
