Theravance Reports Third Quarter 2015 Financial Results
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Theravance (THRX) Commences $75M 'Modified Dutch Auction' Tender
October 30, 2015 6:06 AM EDTTheravance (NASDAQ: THRX) announced that it is commencing its previously announced "modified Dutch auction" tender offer for up to $75,000,000 of its common stock at a price per share not less than $8.50 and not greater than $9.25. The tender offer will expire at 5:00 P.M., New York City time, on Tuesday, December 1, 2015, unless extended by the company. Tenders of shares must be made on or prior to the expiration of the tender offer and may be withdrawn at any time prior to the expiration of the tender offer, in each case, in accordance with the... More
Theravance (THRX) Misses Q3 EPS by 1c; Approves $150M Stock Repurchase Plan
October 28, 2015 4:27 PM EDTTheravance (NASDAQ: THRX) reported Q3 EPS of ($0.04), $0.01 worse than the analyst estimate of ($0.03). Revenue for the quarter came in at $13.6 million versus the consensus estimate of $15.23 million.
Theravance also announced today the acceleration of its capital return plan with a $150 million share repurchase plan... More
