secwatch.observer — SEC 8-K summary
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Issuer:     Bausch Health Companies Inc. (BHC)
CIK:        0000885590
Form:       8-K
Filed at:   2025-04-15T23:59:59+00:00
Accession:  0001193125-25-080728
Event type: other_material
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 3.03, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Bausch Health adopts shareholder rights plan (poison pill) effective April 14, 2025
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- Board approved shareholder rights plan on April 14, 2025; one right attaches to each common share outstanding.
- Plan not adopted in response to any specific takeover bid or proposal; Board is unaware of any pending threat.
- Rights become exercisable at a substantial discount if a person acquires 20%+ of common shares (subject to Permitted Bid exception).
- Plan subject to TSX acceptance and shareholder ratification within six months; if not ratified, it terminates.
- Similar to other Canadian public company shareholder rights plans.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/885590/000119312525080728/0001193125-25-080728-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/885590/000119312525080728/d923035d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-080728

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