Dentsply Sirona Announces $150 Million Accelerated Share Repurchase Program
09 Março 2022 - 10:30AM
DENTSPLY SIRONA Inc. (“Dentsply Sirona”) (Nasdaq: XRAY) today
announced that it has entered into an accelerated share repurchase
agreement (the “ASR”) with Bank of America, National Association to
repurchase $150 million of its common stock. The ASR agreement will
be completed under Dentsply Sirona’s current share repurchase
authorization.
Under the terms of the ASR, Dentsply Sirona will initially
receive delivery of approximately 2.4 million shares. The final
number of shares will be based on the average of the daily
volume-weighted average stock prices of Dentsply Sirona common
stock during the valuation period of the ASR, less a discount and
subject to adjustments. The resulting adjustments may affect the
total amount expended or the aggregate number of shares
repurchased. Final settlement of the ASR is expected to be
completed before the end of the second quarter of 2022, subject to
acceleration.
About Dentsply Sirona
Dentsply Sirona is the world’s largest manufacturer of
professional dental products and technologies, with over a century
of innovation and service to the dental industry and patients
worldwide. Dentsply Sirona develops, manufactures, and markets a
comprehensive solution offering, including dental and oral health
products as well as other consumable medical devices under a strong
portfolio of world class brands. Dentsply Sirona’s products provide
innovative, high-quality and effective solutions to advance patient
care and deliver better and safer dental care. Dentsply Sirona’s
headquarters are located in Charlotte, North Carolina. The
company’s shares are listed in the United States on NASDAQ under
the symbol XRAY. Visit www.dentsplysirona.com for more information
about Dentsply Sirona and its products.
Contact
InformationInvestors:Andrea DaleyVP, Investor
Relations+1-704-805-1293InvestorRelations@dentsplysirona.com
DENTSPLY SIRONA (NASDAQ:XRAY)
Gráfico Histórico do Ativo
De Mar 2024 até Abr 2024
DENTSPLY SIRONA (NASDAQ:XRAY)
Gráfico Histórico do Ativo
De Abr 2023 até Abr 2024