Workflow
QIAGEN announces plans to return approximately $300 million to shareholders
QGENQIAGEN(QGEN) Newsfilter·2024-01-07 18:07

Venlo, the Netherlands, Jan. 07, 2024 (GLOBE NEWSWIRE) -- QIAGEN N.V. (NYSE:QGEN, Frankfurt Prime Standard: QIA))) today announced a plan to return up to approximately 300million(maximumEUR273million)toshareholdersthroughasyntheticsharerepurchasethatcombinesadirectcapitalrepaymentwithareversestocksplit.QIAGENhasdecidedtoimplementthemaximum300 million (maximum EUR 273 million) to shareholders through a synthetic share repurchase that combines a direct capital repayment with a reverse stock split. QIAGEN has decided to implement the maximum 300 million value of the mandate given at the Annual General Meeting in June 2023, where shareholders gave virtually unanimous approval f ...