CareDx (CDNA) Announces Repurchase of 5% of Outstanding Shares

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CareDx Announces Repurchase of 5% of Outstanding Shares

June 3, 2025 4:30 PM EDT

Board of Directors Authorizes New $50 Million Share Repurchase Program

BRISBANE, Calif.--(BUSINESS WIRE)-- CareDx, Inc. (Nasdaq: CDNA), The Transplant Company a leading precision medicine company focused on the discovery, development, and commercialization of clinically differentiated, high-value healthcare solutions for transplant patients and caregivers, today announced that it has completed the repurchase of $50 million of its common stock representing approximately 5% of outstanding shares.

The share repurchase follows the completion of the companys seventh consecutive quarter of testing services volume growth and a first-quarter total revenue of $84.7 million, representing 18%... More