Amarin Corp Plc (AMRN)

[Whalatane]

Dar. I have very limited understanding on the differences in buy backs in the UK vs the US ..
I think UK regulators take the view that Mgt and insiders are the ones who benefit most from share buybacks . Banks are often against them as it reduces working capital . The idea of using share buybacks as a way to boost a low stock price ( which is what the aim appears to be here ) is frowned upon in the UK.
Mgt and insiders can't buy back stock in a period before earnings release ...so if Sarissa is buying more stock they would need to wait a week .

Above is just a quick review of UK regulations
Short term ( as a trade ) I hope it goes thru .
Long term ( as an investor ) I think it's a dumb idea . The $50m would be better spent on doing whatever it takes to get reimbursements under way in Germany , France and Italy especially now that we have EU patent protection out an additional 8 yrs ( from memory )
Kiwi