Thursday, BioNTech SE (BNTX) announced that its board has authorized a new program to repurchase American Depositary Shares or ADS for an aggregate amount of up to $1.0 billion.
The company intends to use the repurchased ADSs to satisfy obligations in the ordinary course of business. Also, it believes that the program is consistent with the company's capital allocation strategy as well as its commitment to sustainable value creation for the shareholders.
Repurchases under the program may be made until and including May 6, 2027.
In the pre-market hours, BNTX is trading at $95.34, up 0.09 percent 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.