AnaptysBio, Inc. (ANAB), a clinical-stage biotechnology company, on Friday said its Board has approved an amended stock repurchase plan allowing the company to buy back up to $100 million of its stock.
The repurchase plan runs through March 31, 2026.
The new authorization comes as an addition to the $6.4 million remaining under its existing $75 million program, under which the company has repurchased 3,443,188 shares, representing 11.2% of shares outstanding at the plan's start.
The company expects to end 2025 with about $300 million in cash, cash equivalents and investments.
A one-time $75 million commercial sales milestone is anticipated from GSK in the fourth quarter of 2025 once Jemperli reaches $1 billion in global net sales.
On Thursday, AnaptysBio closed trading 1.76% higher at $37.66 on the Nasdaq.
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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.