SurModics (SRDX) To Buyback $55M Through Tender Offer

August 6, 2012 8:03 AM EDT
SurModics, Inc. (Nasdaq: SRDX) announced it has commenced a tender offer to purchase up to $55 million of its common stock through a modified "Dutch auction" tender offer, at a price per share not less than $17.00 and not greater than $19.00.

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