Draxis to repurchase stock

AuntMinnie.com staff writers

Dec 7, 2005

The board of directors of radiopharmaceutical developer Draxis Health has authorized the repurchase of up to 3.5 million common shares of stock.

The company said it has not purchased any of its common shares in the past year.

The repurchase is subject to regulatory approval from the Toronto Stock Exchange and represents 10% of the 35.2 million common shares in the public float as of December 6 this year, according to the Mississauga, Ontario-based firm.

By AuntMinnie.com staff writers
December 8, 2005

Related Reading

Draxis iodine kit gets FDA approval, November 22, 2005

Draxis Health lowers expectations, November 21, 2005

Temporary shutdown hurts Draxis Health’s Q3, November 3, 2005

Draxis taps Brazier as COO, October 4, 2005

Draxis posts Q2 rise, August 11, 2005

Copyright © 2005 AuntMinnie.com

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