Penumbra, Inc. (PEN) Announces $200M Share Buyback
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Penumbra, Inc. Announces $200 Million Share Repurchase Authorization
August 13, 2024 7:00 AM EDTTo Include $100 Million Accelerated Share Repurchase
ALAMEDA, Calif., Aug. 13, 2024 /PRNewswire/ -- Penumbra, Inc. (NYSE: PEN), the world's leading thrombectomy company, today announced that its Board of Directors approved on August 5, 2024 a share repurchase authorization in the amount of up to $200 million, allowing Penumbra to repurchase its common stock from time to time at such prices as it deems appropriate through open market purchases, block transactions, privately negotiated transactions, including accelerated share repurchase... More

