Cryoport announces $200 million repurchase program and the repurchase of $160 million of convertible senior notes

$200 million repurchase program authorized to repurchase common stock and/or convertible notes repurchasing approximately $160 million of 0.75% senior notes due in 2026 at an 11.5% discount to par value principal balance reduced to approximately $186.2 million nashville, tenn. , aug. 6, 2024 /prnewswire/ --  cryoport, inc. (nasdaq: cyrx) ("cryoport" or the "company"), a global leader in supply chain solutions for the life sciences, today announced that the company's board of directors had authorized a repurchase program to purchase up to $200 million of the company's common stock and/or convertible senior notes (the "2024 repurchase program").
CYRX Ratings Summary
CYRX Quant Ranking