other material
confidence high
sentiment positive
materiality 0.60
Neurocrine Biosciences launches $300M accelerated share repurchase with Goldman Sachs
NEUROCRINE BIOSCIENCES INC
- Entered into ASR agreement with Goldman Sachs & Co. to repurchase $300M of common stock.
- On Nov 4, 2024, will pay $300M and receive 80% of shares based on Oct 31 closing price.
- Final settlement expected in Q1 2025; additional shares or cash adjustments possible per terms.
- Repurchase conducted under previously announced $300M board-authorized share repurchase program.