other_material
confidence high
sentiment positive
materiality 0.65
STAAR Surgical announces $30M buyback and China NMPA approval for EVO+ TICL
STAAR SURGICAL CO
- Authorized $30M share repurchase program, expected to run over six months from cash on hand.
- Company had $222.8M cash and equivalents, no debt as of March 28, 2025; ~49.5M shares outstanding.
- China's NMPA approved EVO+ Toric ICL for myopia correction (-0.5D to -18D, astigmatism ≤6D).
- EVO+ spheric ICL application remains pending with NMPA; Switzerland manufacturing validations ongoing for China supply.
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