other material
confidence high
sentiment positive
materiality 0.60
AnaptysBio authorizes up to $75M stock repurchase plan
ANAPTYSBIO, INC
- Board authorized $75M buyback of outstanding common stock.
- Company holds >$420M cash as of Dec 2024; expects $75M GSK milestone in 2025/2026.
- Reiterates cash runway through year-end 2027, excluding potential GSK royalties.
- Repurchases via open market under Rule 10b5-1; plan expires Dec 31, 2025.