other material
confidence high
sentiment positive
materiality 0.75
Zymeworks authorizes $125M share repurchase program, expects cash runway beyond 2028
Zymeworks Inc.
- Board authorized up to $125M share repurchase of common stock under 2026 program.
- Prior 2025 program terminated; 4,197,553 shares repurchased at avg $24.36 for $102.3M.
- Company expects existing cash plus $440M milestone payments for Ziihera to fund operations beyond 2028.
- Approximately 73.0M shares outstanding as of May 13, 2026.