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Avadel Pharmaceuticals plc Buyback

OLI recorded this information on 3/7/2017

Company: Avadel Pharmaceuticals plc
Buyback: AVDL buyback
$Amount Authorized: $25,000,000
Buyback Details: Avadel Pharmaceuticals plc (NASDAQ:AVDL), today announced that the Company's board of directors has authorized the repurchase of up to $25 million of the Company's ordinary shares, represented by American Depository Shares (ADS) which are listed for trading on the NASDAQ Global Market. Repurchases may be made in open-market transactions, block transactions on or off the exchange, in privately negotiated transactions, or through other means as determined by Avadel's board and in accordance with the regulations of the Securities and Exchange Commission.

Avadel Pharmaceuticals is a biopharmaceutical company. Co.'s primary product candidate, FT218, is an investigational once-nightly formulation of sodium oxybate for the treatment of excessive daytime sleepiness and cataplexy in narcolepsy patients. Co.'s commercial products are: Akovaz, which is indicated for the treatment of hypotension occurring in the setting of anesthesia; Bloxiverz, which is indicated for the reversal of the effects of non-depolarizing neuromuscular blocking agents after surgery; and Vazculep®, which is for the treatment of hypotension occuring in the setting of anesthesia; and Nouress, which is a sterile injectable product for use in the hospital setting.
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Company Name:  Avadel Pharmaceuticals PLC
Stock buyback:  AVDL buyback
Website:  www.avadel.com
Sector:  Drugs & Pharmaceuticals
Number of ETFs Holding AVDL:  3
Total Market Value Held by ETFs:  $741218
Total Market Capitalization:  $1.63B
% of Market Cap. Held by ETFs:  0.05%
 

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April 20, 2024    4:17 AM Eastern
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Strong Buy (3.90 out of 4)
100th percentile
(ranked higher than approx. 100% of all stocks covered)

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