Bausch Health (BHC) said Tuesday that billionaire Carl Icahn has a total economic exposure of roughly 34% to the company's common shares.
In a supplement to its April 2 proxy filing, the company said Icahn disclosed he has long economic exposure to an additional 90.7 million shares pursuant to cash-settled equity swap agreements that don't give him voting or dispositive power with respect to such shares.
Such shares translate to an additional exposure of about 24.6%, based on the roughly 369.5 million shares outstanding on March 14, as per the April 2 proxy filing.
In that filing, it was disclosed that Icahn had beneficial ownership of about 34.7 million shares, or a 9.4% stake.
Bausch Health shares rose 8% in recent Tuesday trading.
Price: 5.11, Change: +0.39, Percent Change: +8.16
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。