Medpace Holdings, Inc. Buyback
OLI recorded this information on 8/16/2017
Company: |
Medpace Holdings, Inc. |
Buyback: |
MEDP buyback |
Share Amount Authorized: |
2,000,000 |
Buyback Details: |
Medpace Holdings, Inc. (NASDAQ:MEDP) ("Medpace") today announced it has entered into a stock repurchase agreement (the "Stock Repurchase Agreement") with investment funds affiliated with Cinven Capital Management (V) General Partner Limited ("Cinven"). Under the terms of the Stock Repurchase Agreement with Cinven, Medpace has agreed to repurchase 2,000,000 shares of Medpace's common stock, at a purchase price of $30.27 per share, representing aggregate consideration of approximately $60.5 million. The transaction is expected to close on or about August 18, 2017, subject to customary closing conditions. |
Medpace Holdings is a holding company. Through its subsidiaries, Co. is a global provider of clinical research-based drug and medical device development services. Co. provides a suite of services supporting the entire clinical development process from Phase I to Phase IV across a range of therapeutic areas. Co.'s clinical development services include medical department, clinical trial management, data-driven feasibility, study start-up, patient recruitment and retention, clinical monitoring, risk-based monitoring, regulatory affairs, medical writing, biometrics and data sciences, pharmacovigilance, main laboratory, central laboratory, bioanalytical laboratory, clinics and quality assurance.
MEDP SEC Filing Email Alerts Service
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Company Name: |
Medpace Holdings Inc |
Stock buyback: |
MEDP buyback |
Website: |
www.medpace.com |
Sector: |
Biotechnology |
Number of ETFs Holding MEDP: |
68 |
Total Market Value Held by ETFs: |
$1.71B |
Total Market Capitalization: |
$12.52B |
% of Market Cap. Held by ETFs: |
13.61% |
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