Dec. 10 at 7:00 PM
Azenta announced a new
$250 million share-repurchase program approved by its board. The plan, which began on December 9, 2025, runs through December 31, 2028 unless extended or ended earlier. The company says the program aims to boost shareholder value and capitalize on what it sees as an undervalued stock.
Buybacks may be made via open-market purchases, privately negotiated transactions, or other SEC-compliant methods, and the authorization does not require repurchasing a specific amount. CEO John Marotta called the program part of the company’s broader capital-allocation strategy, including productivity gains, margin improvement, organic growth, disciplined M&A, and returning capital to shareholders.
Azenta noted that repurchases can be started, paused, adjusted, or stopped at any time depending on market conditions, business needs, or legal requirements.
$AZTA