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0.0264105642256904 0.0264105642256904 -0.0168067226890755 0.00120048019207681 -0.0168067226890755 0.0204081632653061 0.0204081632653061 0.0204081632653061
Stock impact report

Delcath Systems Board of Directors Authorizes $25 Million Share Repurchase Program

Delcath Systems, Inc. (DCTH) 
US:NASDAQ Investor Relations: delcath.com/investors
Company Research Source: Business Wire
QUEENSBURY, N.Y.--(BUSINESS WIRE)--Delcath Systems, Inc. (Nasdaq: DCTH), (“Delcath”) an interventional oncology company focused on the treatment of primary and metastatic cancers to the liver, today announced that its Board of Directors has authorized a share repurchase program under which Delcath may repurchase up to $25 million of its outstanding shares of common stock from time to time, subject to market conditions. The repurchase program does not have an expiration date.“The share repurchase program reflects our confidence in Delcath’s long-term growth prospects and our commitment to creating shareholder value,” said Gerard Michel, Chief Executive Officer of Delcath Systems. “We believe the current share price does not fully reflect our commercial progress, future development potential and strong balance sheet. This program underscores our positive outlook as we continue to advance our mission in interventional oncology.”Under the program, repurchases may be made from time to Show less Read more
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