Genmab (GMAB) has released an update.
Genmab A/S has actively pursued its share buy-back program, aiming to repurchase up to DKK 3.5 billion worth of shares by December 2024, with recent transactions reflecting a steady progression towards this goal. As of the latest announcement, the company has accumulated a significant number of treasury shares, highlighting its commitment to enhancing shareholder value. The biotech firm, known for its innovative antibody therapeutics, continues to execute its buy-back program under the stipulated EU regulations, underscoring its strategic financial management.
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