Progyny, Inc. (PGNY) announced that its Board has approved a share repurchase program to repurchase up to $100 million of its common stock on Thursday.
The company revealed that the program will be funded using existing cash reserves and that the shares may be bought back through open market transactions, including plans following Rule 10b5-1 under the Securities Exchange Act of 1934.
Progyny mentioned that the program is subject to potential suspension or termination at any time and that it cannot assure the number of shares it will repurchase, if any, or the prices at which any purchases will take place.
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June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.