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Thursday, January 11, 2024 6:22:18 AM
One, it made me wonder about shareholder approval for the share repurchase program. I can only think of one reason why shareholders would vote against such, namely if they thought it would endanger the business by foolishly wasting needed cash that might be needed for operations or more valuable acquisitions. I really see no way that this doesn't pass easily.
Secondly, I know that an authorized generic has been mentioned in the past, but Holt used the word "compelling" in describing the possibility. Sounds like we might be hearing more about this in the near future. I am guessing if they find it difficult to hold the 57% market share.
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