tiprankstipranks
QIAGEN N.V. Executes Share Consolidation Following Synthetic Repurchase Approval
Company Announcements

QIAGEN N.V. Executes Share Consolidation Following Synthetic Repurchase Approval

Story Highlights

Invest with Confidence:

An announcement from Qiagen ( (QGEN) ) is now available.

QIAGEN N.V. announced a manager’s transaction involving the consolidation of shares following a synthetic share repurchase plan. This consolidation, affecting shares held by Elizabeth Tallett, aligns with the terms approved by shareholders in June 2024, thus reducing the number of issued shares from 36 to 35 for every 36 held, impacting the equity structure and potentially enhancing shareholder value.

More about Qiagen

QIAGEN N.V. is a company operating in the biotechnology sector, focusing on providing sample and assay technologies for molecular diagnostics, applied testing, academic and pharmaceutical research. The company is listed on multiple stock exchanges including Frankfurt, NYSE, and SIX, with a market focus on enhancing the reach of its diagnostic solutions globally.

YTD Price Performance: -0.02%

Average Trading Volume: 949,621

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $9.69B

Learn more about QGEN stock on TipRanks’ Stock Analysis page.

Related Articles
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App