Genmab Advances Share Buy-back Program with Significant Transactions
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Genmab A/S has updated its share buy-back program initiated on March 25, 2025, aiming to repurchase up to 2.2 million shares. As of April 11, 2025, 1,083,902 shares have been repurchased, enhancing the company's capital structure and commitment to shareholders. Spark's AI Analyst rates GMAB as Outperform, citing strong financial performance and a robust pipeline, despite a short-term downward trend. Genmab, based in Copenhagen, focuses on innovative antibody therapeutics and aims to transform cancer treatment by 2030.
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