Tetragon buys 3,571,423 non-voting shares at $14 in $50 million tender offer

Reuters2026/09/04 15:35

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Tetragon set final results for its modified Dutch auction tender offer to repurchase non-voting shares for up to USD 50 million.
Accepted 3,571,423 non-voting shares at USD 14 per share, implying USD 49,999,922 of buybacks excluding fees.
Total tendered at or below USD 14 reached 3,794,350 shares, triggering proration.
Proration factor for shares tendered at USD 14 was 87.72%.
Cash settlement for accepted shares expected on or about Sept. 8, 2026.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Tetragon Financial Group Limited published the original content used to generate this news brief via PR Newswire (Ref. ID: 202609041135PR_NEWS_USPR_____NY41060) on September 04, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Tetragon buys 3,571,423 non-voting shares at $14 in $50 million tender offer

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