ICON PLC
For the period ended Mar 31, 2025. Filed May 2, 2025.
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Mar 31, 2025 · Filed May 2, 2025
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Share repurchase program
On February 18, 2025, the Company's Board of Directors authorized an additional buyback program of up to $750.0 million of the outstanding ordinary shares of the Company. Along with $250.0 million remaining under prior authorizations, the total remaining authorization under the buyback program as of February 18, 2025 was up to $1.0 billion worth of ordinary shares.
During March 2025, 1,360,537 shares were redeemed by the Company under our buyback program for a total consideration of $250.0 million. As of March 31, 2025, the Company had remaining authorization to repurchase up to $750.0 million of ordinary shares under the buyback program.
All ordinary shares repurchased under the buyback program were canceled in accordance with the constitution of the Company and the nominal value of these shares transferred to other undenominated capital as required by Irish Company law.
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