Market Overview

POZEN Announces Special Cash Distribution of $1.75/Share

POZEN (NASDAQ: POZN) today
announced that the Board of Directors has declared a special cash
distribution of $1.75 per share to all stockholders of record as of the
close of business on December 11, 2013, with an expected payment date of
December 30, 2013. This distribution represents a surplus of corporate
cash and is expected to be treated as a return of capital to
stockholders. POZEN is committed to return as much cash to our
stockholders as is prudent. POZEN remains committed to obtaining U.S.
Food and Drug Administration (FDA) approval of PA8140/PA32540 and
transitioning all know-how to Sanofi US, completing the remaining Phase
1 study and EU MAA filing

See full press release

Posted-In: News Guidance Dividends Contracts Global

 

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