Dentsply Sirona rises on $150 mln share repurchase deal

DENTSPLY SIRONA

06/03/2023 14:00

** Dentsply Sirona Inc  XRAY.O  shares up 1.6% at $39.4
premarket
    ** Dental product manufacturer says it has entered into an
agreement with Goldman Sach & Co  GSGSC.UL  to repurchase $150
million worth of its common stock
    ** Under the agreement, XRAY will initially receive delivery
of about 3.1 million shares, while final settlement is expected
in Q2 2023
    ** The agreement will be completed under the current share
repurchase authorization - XRAY
    ** XRAY was down 43% last year

 (Reporting by Khushi Mandowara in Bengaluru)
 ((Khushi.Mandowara@thomsonreuters.com;))