Insys Therapeutics (INSY) Approves $50M Common Stock Buyback

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Insys Therapeutics Announces Stock Repurchase Program

November 5, 2015 6:52 AM EST

PHOENIX, Nov. 05, 2015 (GLOBE NEWSWIRE) -- Insys Therapeutics, Inc. (Nasdaq: INSY) (Insys or the Company) today announced that its Board of Directors has approved the repurchase of up to $50 million of the Company's common stock.

"The Board of Directors and management team believe that shares of Insys stock are an attractive investment opportunity, and we are pleased that Insys strong balance sheet and cash flow enable us to return value to shareholders through a stock repurchase program, said Dr. John Kapoor, Chairman, President and Chief Executive Officer. At the same time, we are continuing to... More

Insys Therapeutics Announces Stock Repurchase Program

November 5, 2015 6:52 AM EST

PHOENIX, Nov. 05, 2015 (GLOBE NEWSWIRE) -- Insys Therapeutics, Inc. (Nasdaq: INSY) (Insys or the Company) today announced that its Board of Directors has approved the repurchase of up to $50 million of the Company's common stock.

"The Board of Directors and management team believe that shares of Insys stock are an attractive investment opportunity, and we are pleased that Insys strong balance sheet and cash flow enable us to return value to shareholders through a stock repurchase program, said Dr. John Kapoor, Chairman, President and Chief Executive Officer. At the same time, we are continuing to... More

Insys Therapeutics Announces Senior Management Changes and Appointments

November 5, 2015 6:51 AM EST

Michael Babich Departs as Insys President and CEO

Dr. John N. Kapoor Appointed President and CEO

Daniel Brennan Appointed Executive Vice President and Chief Operating Officer

PHOENIX, Nov. 05, 2015 (GLOBE NEWSWIRE) -- Insys Therapeutics, Inc. (NASDAQ: INSY) ("Insys" or "the Company") today announced that Michael L. Babich has stepped down as President and Chief Executive Officer of Insys.  The Board of Directors has appointed Dr. John N. Kapoor as President and Chief Executive Officer effective November 4, 2015.  Dr. Kapoor will... More