Incyte (INCY) Announces Preliminary Results of Tender Offer
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Incyte Announces Preliminary Results of Tender Offer
June 11, 2024 8:00 AM EDTWILMINGTON, Del.--(BUSINESS WIRE)-- Incyte Corporation (Nasdaq: INCY) (Incyte or the Company) announced today the preliminary results of its modified Dutch auction tender offer to purchase up to $1.672 billion in value of shares of its common stock, which expired at 12:00 midnight, at the end of the day, New York City time, on June 10, 2024.
Based on the preliminary count by Computershare Trust Company, N.A., the depositary for the tender offer, a total of approximately 29.8 million shares of Incytes common stock were properly tendered and not properly withdrawn at or below the purchase price of... More
