Globus Medical Announces $500 Million Share Repurchase Program

Globus Medical Announces $500 Million Share Repurchase Program

AUDUBON, Pa., May 15, 2025 (GLOBE NEWSWIRE) -- Globus Medical, Inc. (NYSE: GMED), a leading musculoskeletal solutions company, today announced that its Board of Directors has authorized a share repurchase program of up to $500 million of the Company’s outstanding…

Penske Automotive Group (NYSE:PAG) Board of Directors Declares Share Repurchase Plan

Penske Automotive Group (NYSE:PAG – Get Free Report) announced that its board has initiated a stock repurchase program on Wednesday, May 14th, RTT News reports. The company plans to buyback $250.00 million in outstanding shares. This buyback authorization allows the company to repurchase up to 2.3% of its stock through open market purchases. Stock buyback […]

Globus Medical, Inc. (NYSE:GMED) Shares Purchased by Point72 Asset Management L.P.

Point72 Asset Management L.P. lifted its position in Globus Medical, Inc. (NYSE:GMED – Free Report) by 306.5% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 591,747 shares of the medical device company’s stock after acquiring an additional 446,166 shares during […]

Globus Medical Announces $500 Million Share Repurchase Program – Ortho Spine News

AUDUBON, Pa., May 15, 2025 (GLOBE NEWSWIRE) — Globus Medical, Inc. (NYSE: GMED), a leading musculoskeletal solutions company, today announced that its Board of Directors has authorized a share repurchase program of up to $500 million of the Company’s outstanding common stock. “We believe the recent volatility in our share price has created a meaningful disconnect between our intrinsic value and our market valuation,” said Keith Pfeil, Chief Finan