other material
confidence high
sentiment positive
materiality 0.50
DexCom enters $700M accelerated share repurchase agreement with JPMorgan
DEXCOM INC
- Initial payment of $700M made to JPMorgan on August 1, 2022.
- Initial delivery of ~3.0 million shares of common stock received on August 3, 2022.
- Final settlement expected in Q3 2022; based on volume-weighted average price less discount.
- Repurchase executed under existing $700M program with expiration by June 30, 2023.