NUCRYST (NCST) Approves $0.80/Share Cash Distribution
NUCRYST Pharmaceuticals (Nasdaq: NCST) approves $0.80 per share cash distribution to shareholders.
The distribution which will total $14.7 million equals approximately 59% of NUCRYST's $25.0 million in cash and cash equivalents as of January 31, 2009. NUCRYST set a distribution payable date of February 25, 2009.
Shares of Nucryst currently trade at $1.13.
The distribution which will total $14.7 million equals approximately 59% of NUCRYST's $25.0 million in cash and cash equivalents as of January 31, 2009. NUCRYST set a distribution payable date of February 25, 2009.
Shares of Nucryst currently trade at $1.13.
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