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Arbutus Biopharma Corp. (NASDAQ:ABUS) stock traded higher Friday after the company announced plans to repurchase up to $230 million of its common stock through a modified Dutch auction tender offer. The clinical-stage biotech plans to offer shareholders between $5 and $5.75 per share in cash. Arbutu...
08-22 00:36
Arbutus Biopharma Corporation (NASDAQ:ABUS) ("Arbutus" or the "Company"), a clinical-stage biopharmaceutical company focused on infectious disease, today announced plans to commence a modified "Dutch Auction" tender offer (the "Offer") to repurchase up to US$230 million of its common shares at a pur...
08-21 20:01
Arbutus Biopharma plans to launch a modified Dutch Auction tender offer to repurchase up to $230 million of its common shares at $5.00 to $5.75 per share, funded by cash on hand. The offer is expected to begin on August 24, 2026, and expire on September 29, 2026, subject to regulatory approvals. The company aims to return proceeds from its March 2026 settlement with Moderna to shareholders while continuing to enforce its intellectual property rig...
08-21 11:30
Arbutus Biopharma (NASDAQ:ABUS) reported quarterly losses of $(0.03) per share which missed the analyst consensus estimate of $(0.02) by 50 percent. This is a 400 percent decrease over earnings of $0.01 per share from the same period last year. The company reported quarterly sales of $1.014 million ...
08-12 19:34
Arbutus Biopharma reported Q2 2026 financial results with $92.6M in cash, cash equivalents, and marketable securities. The company received $178M from Moderna's settlement and expects to return up to $230M to shareholders. Arbutus filed three international patent enforcement lawsuits against Pfizer and BioNTech over lipid nanoparticle (LNP) technology. The FDA granted Fast Track designation for imdusiran to treat chronic hepatitis B and aligned o...
08-12 11:30
Arbutus and its exclusive licensee, Genevant, filed three international lawsuits seeking to enforce patents protecting their innovative lipid nanoparticle ("LNP") technology against Pfizer and BioNTech Received approximately $178M from Moderna as Arbutus’ share of the noncontingent payment under th...
07-16 19:39
Arbutus Biopharma and its licensee, Genevant, filed international lawsuits against Pfizer and BioNTech to enforce their lipid nanoparticle (LNP) patents. Arbutus received $178M from Moderna as part of a settlement for patent infringement. The company expects a dividend from Genevant in Q3 2026 and plans to return up to $230M to shareholders through share repurchases.
07-16 11:30
Arbutus Biopharma (NASDAQ:ABUS) reported quarterly earnings of $0.87 per share which beat the analyst consensus estimate of $(0.04) by 2275 percent. This is a 769.23 percent increase over losses of $(0.13) per share from
05-13 19:45