Catalyst Pharmaceuticals Announces $200 Million Share Repurchase Program
Reuters
Oct 01
Catalyst Pharmaceuticals Announces $200 Million Share Repurchase Program
Catalyst Pharmaceuticals Inc. announced that its Board of Directors has authorized a share repurchase program of up to $200 million of its outstanding common stock. The buyback program will be funded using existing cash on hand and is set to run between October 1, 2025, and December 31, 2026. The timing and amount of purchases will depend on various factors, including stock price and market conditions. Catalyst is not obligated to repurchase any specific amount of shares, and the program may be suspended or terminated at any time. The company had more than $650 million in cash and cash equivalents as of June 30, 2025, and no funded debt.
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