secwatch.observer — SEC 8-K summary
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Issuer:     Zymeworks Inc. (ZYME)
CIK:        0001937653
Form:       8-K
Filed at:   2026-05-14T20:29:55+00:00
Accession:  0001193125-26-224161
Event type: other_material
Sentiment:  positive
Materiality: 0.75
Item codes: 8.01, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Zymeworks authorizes $125M share repurchase program, expects cash runway beyond 2028
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1937653/000119312526224161/0001193125-26-224161-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1937653/000119312526224161/d110930d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-224161

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer