Bio-Techne Corporation Buyback
OLI recorded this information on 2/1/2022
Company: |
Bio-Techne Corporation |
Buyback: |
TECH buyback |
$Amount Authorized: |
$400,000,000 |
Buyback Details: |
Bio-Techne Corporation (NASDAQ:TECH) announced that its Board of Directors has decided to pay a dividend of$0.32per share for the quarter endedDecember 31, 2021. The quarterly dividend will be payableFebruary 25, 2022, to all common shareholders of record onFebruary 11, 2022. Future cash dividends will be considered by the Board of Directors on a quarterly basis. Bio-Techne also announced today that its board of directors has approved a new share repurchase program authorizing the repurchase of up to $400 million of common stock. The new share repurchase program begins February 2, 2022 and replaces the previous program. The timing and number of shares to be repurchased will depend on factors such as the share price, economic and market conditions, and corporate and regulatory requirements. The share repurchase program may be suspended, amended, or discontinued at any time and does not obligate the Company to acquire any specific dollar amount or number of shares of common stock. |
Bio-Techne develops, manufactures and sells life science reagents, instruments and services for the research, diagnostics and bioprocessing markets. Co.'s Protein Sciences segment develops and manufactures biological reagents used in various aspects of life science research, diagnostics and cell and gene therapy. Co.'s Diagnostics and Genomics segment develops and manufactures diagnostic products, including controls, calibrators, and diagnostic assays for the regulated diagnostics market, exosome-based molecular diagnostic assays, tissue-based in-situ hybridization assays for spatial genomic and tissue biopsy analysis, and genetic and oncology kits for research and clinical applications.
TECH SEC Filing Email Alerts Service
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Company Name: |
Bio-Techne Corp |
Stock buyback: |
TECH buyback |
Website: |
www.bio-techne.com |
Sector: |
Biotechnology |
Number of ETFs Holding TECH: |
89 |
Total Market Value Held by ETFs: |
$1.98B |
Total Market Capitalization: |
$11.55B |
% of Market Cap. Held by ETFs: |
17.18% |
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