Brief: Biote Announces $60 Million Agreement To Repurchase 8.3 Million Shares And Cancel Approximately 4.0 Million Earnout Shares

biote

20/06/2024 21:50

biote Corp  BTMD.O :
    * BIOTE ANNOUNCES $60 MILLION AGREEMENT TO REPURCHASE 8.3
MILLION
SHARES AND CANCEL APPROXIMATELY 4.0 MILLION EARNOUT SHARES
    * BIOTE CORP - HAS SIGNED A BINDING TERM SHEET WITH MARCI M.
DONOVITZ, STOCKHOLDER OF BIOTE, TO RESOLVE LITIGATION
    * BIOTE CORP - INTENDS TO FUND REPURCHASES IN ACCORDANCE
WITH ITS
EXISTING CAPITAL ALLOCATION STRATEGY

Source text for Eikon:  ID:nBw1QJH5Ca 
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