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GMAB - Genmab drops 4% after initiating share buy-back program
Genmab A/S
Genmab ([[GMAB]] -4.8%) announces repurchase of up to 200,000 shares.The purpose of the program is mitigating dilution from warrant exercises and honoring commitments under our restricted stock unit program.Completion expected no later than June 30, 2021.The company is entitled to suspend or stop the program at any time subject to announcement to Nasdaq Copenhagen.Press Release