BUZZ-Emergent BioSolutions up after authorizing $50 million stock repurchase plan

Reuters

2025/03/31

** Shares of Maryland-based drugmaker Emergent BioSolutions EBS.N rise 11.8% to $5.21

** EBS authorizes the repurchase of up to $50 million of the company's common stock on or before March 27, 2026

** EBS has 54.3 million outstanding shares, with a market capitalization of $253.2 million according to data compiled by LSEG

** As of last close, EBS has risen 84% in the past 12 months

(Reporting by Siddhi Mahatole)

((siddhi.mahatole@thomsonreuters.com))

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