Dynavax announces $100M accelerated share repurchase program

Dynavax (DVAX) announced that it has entered into an Accelerated Share Repurchase transaction under an agreement with Goldman Sachs & Co. to repurchase $100M of the company’s common stock. Dynavax executed the ASR as part of the $200M share repurchase program authorized by its Board of Directors in November. Upon completion of this ASR, Dynavax will have $100M remaining under the program.