Eagle Pharmaceuticals Board Extends Limited Duration Stockholder Rights Plan | EGRX Stock News

StockTitan
2025.10.30 10:50
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Eagle Pharmaceuticals, Inc. has extended its limited duration stockholder rights plan by one year to October 30, 2026, in response to significant dislocation in its stock price. The amendment aims to protect stockholders' long-term investment value and prevent any person or group from gaining control without proper compensation. The plan allows stockholders to purchase additional shares at a set price if triggered. The Board clarified that this extension is not in response to a specific takeover threat and does not prevent engagement with potential acquisition proposals.