Brief: Illumina Says In Connection With Spin-Off, Estimates Will Incur Incremental Charges Of Approx $35-$50 Mln

Illumina

03/06/2024 22:41

June 3 (Reuters) - Illumina Inc  ILMN.O :
    * ILLUMINA INC -  IN CONNECTION WITH SPIN-OFF ESTIMATES THAT
IT
WILL INCUR INCREMENTAL CHARGES OF APPROXIMATELY $35 - $50
MILLION
    * ILLUMINA INC - EXPECTS THAT MAJORITY OF THESE CHARGES WILL
BE
INCURRED IN Q2 AND SUBSTANTIALLY ALL OF THESE CHARGES WILL HAVE
BEEN INCURRED BY Q3

Source text for Eikon:  ID:n0001193125-24-153239 
Further company coverage:  ILMN.O 

 ((Reuters.Briefs@thomsonreuters.com;))