April 12, 2019 / 4:40 AM / 5 months ago

BRIEF-BB Biotech Launches New Buyback Program

April 12 (Reuters) - BB Biotech AG:

* SAID ON THURSDAY CONCLUDES ITS SHARE BUYBACK PROGRAM AND LAUNCHES A NEW BUYBACK PROGRAM

* CONCLUDED THE SHARE BUYBACK PROGRAM IT HAD INITIATED ON APRIL 12, 2016. DURING THIS PERIOD NO REGISTERED SHARES WERE REPURCHASED VIA A SECOND TRADING LINE

* DECIDED TO LAUNCH A NEW SHARE REPURCHASE PROGRAM IMMEDIATELY AFTER THE CONCLUSION OF THIS BUYBACK PROGRAM

* AUTHORIZED TO REPURCHASE UP TO 10% OF ITS SHARES (5 540 000 SHARES) OVER A PERIOD OF 36 MONTHS

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Further company coverage: (Gdynia Newsroom)

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