Inspire Medical (INSP) entered into an accelerated share repurchase transaction under an agreement with Goldman Sachs to repurchase an aggregate of $75.0M of shares of the company’s common stock, par value 0.1c per share. The ASR transaction is being completed pursuant to a previously announced $150.0M share repurchase program authorized by the company’s Board of Directors. The ASR transaction is scheduled to terminate in Q1 2025. The share repurchase program will expire on August 5, 2026, subject to the earlier termination or extension by the Board, in its sole discretion and without prior notice, or until such time that the funds designated for the stock repurchase program are depleted.
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