Arbutus Biopharma Corporation (ABUS) To Buy 46M Shares At $5.00 In $230M Tender
Arbutus announced preliminary results of its modified Dutch auction, expecting to repurchase 46.0M shares at $5.00 for $230M, ~23% of shares, with an estimated ~55% proration. About 153.3M shares are expected outstanding post-offer; results remain preliminary.Material DetailsContext by AI AnalystTh…