MedWatch

Genmab to buy back 370,000 shares

The biotech firm has initiated a share buy-back program to mitigate dilution from warrants.

Jan van de Winkel, CEO of Genmab | Photo: PR / Genmab

A total of 370,000 Genmab shares will be repurchased by the biotech firm itself, according to a company press release.

A new share buy-back program aims to mitigate dilution of shares from warrant exercises, the firm writes.

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