ANI Pharma (ANIP) Approves $25M Common Stock Buyback Plan

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Go back to ANI Pharma (ANIP) Approves $25M Common Stock Buyback Plan

ANI Pharmaceuticals Announces Board Authorization of Stock Repurchase Program

October 5, 2015 8:00 AM EDT

BAUDETTE, Minn., Oct. 5, 2015 /PRNewswire/ -- ANI Pharmaceuticals, Inc. ("ANI") (NASDAQ: ANIP)  announced today that its Board of Directors has authorized a stock repurchase program under which the Company may repurchase up to $25 million of shares of the Company's common stock.  ANI expects to fund the stock repurchase program through cash on hand.  

The authorization allows for repurchases to be conducted through open market or through privately negotiated transactions through December 31, 2016. The number of shares repurchased and the timing of repurchases will depend on a number of factors, including, but not... More