AI English summary of an SEC filing — figures as filed
West Pharmaceutical said on Tuesday, December 9, 2024, its Board of Directors approved a share repurchase program authorizing the repurchase of up to 550,000 shares of common stock on the open market or in privately negotiated transactions.
Key points
AI summaryWest Pharmaceutical said on Tuesday, December 9, 2024, its Board of Directors approved a share repurchase program authorizing the repurchase of up to 550,000 shares of common stock on the open market or in privately negotiated transactions.
The company said purchases under the program may be made on the open market or in privately negotiated transactions, as permitted under Exchange Act Rule 10b-18.
The company said the number of shares to be repurchased and the timing of transactions will depend on a variety of factors, including market conditions. It said the program is expected to be completed by December 31, 2025.
The company said its previously authorized share repurchase program is expected to expire by December 31, 2024.
Summary
AI-writtenAnalysis scope · Filing bodyWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.
West Pharmaceutical approves 550,000-share buyback program
West Pharmaceutical said on Tuesday, December 9, 2024, its Board of Directors approved a share repurchase program authorizing the repurchase of up to 550,000 shares of common stock on the open market or in privately negotiated transactions.
Source · Based on the filing body and exhibits
Repurchases to be made within Exchange Act Rule 10b-18
The company said purchases under the program may be made on the open market or in privately negotiated transactions, as permitted under Exchange Act Rule 10b-18.
Source · Based on the filing body and exhibits
Timing and number of shares to depend on market conditions
The company said the number of shares to be repurchased and the timing of transactions will depend on a variety of factors, including market conditions. It said the program is expected to be completed by December 31, 2025.
Source · Based on the filing body and exhibits
Existing buyback program to expire at end of 2024
The company said its previously authorized share repurchase program is expected to expire by December 31, 2024.
Source · Based on the filing body and exhibits
AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.
Original filing
The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.
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