Tue, Jul 29, 2014, 3:23 PM EDT - U.S. Markets close in 37 mins.


% | $
Click the to save as a favorite.

POZEN Inc. Message Board

  • ex_hacker202 ex_hacker202 Apr 21, 2014 12:09 PM Flag

    POZN to become a piggy bank for investors

    Anyone read the new 8-K? I still say Sanofi buys them out after PA approval, since POZN will only be a shell corp by then.

    "To demonstrate our commitment to stockholder return, we initiated several steps to improve stockholder return going forward, one of which was a distribution of $1.75 per share in December 2013 that represented a tax-efficient return of capital to stockholders. In addition, we are pleased to report that in 2013, shares of the Company rose from $5.01 to $9.85 (before the effect of the distribution), which we believe is attributable to continuing progress with our PA program, signing a major license agreement with Sanofi US, transitioning VIMOVO in the U.S. to Horizon Pharma, and announcing a revised corporate strategy. Specifically, under our new strategy, == POZEN will not undertake any new development programs unless fully paid for by a third party explore ways to continue to distribute excess cash to stockholders in a tax-efficient manner".

7.28+0.35(+5.05%)3:21 PMEDT

Trending Tickers

Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.