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BIO-TECHNE DECLARES DIVIDEND AND NEW SHARE REPURCHASE PROGRAM
BIOBio-Rad(BIO) Prnewswire·2025-05-07 10:30

Core Points - Bio-Techne Corporation announced a quarterly dividend of 0.08pershareforthequarterendedMarch31,2025,payableonMay30,2025,toshareholdersofrecordonMay19,2025[1]Thecompanyhasapprovedanewsharerepurchaseprogramauthorizingtherepurchaseofupto0.08 per share for the quarter ended March 31, 2025, payable on May 30, 2025, to shareholders of record on May 19, 2025 [1] - The company has approved a new share repurchase program authorizing the repurchase of up to 500 million of common stock, starting May 8, 2025, replacing the previous program [2] - Bio-Techne generated approximately 1.2billioninnetsalesinfiscal2024andemploysaround3,100peopleglobally[3]DividendInformationThequarterlydividendissetat1.2 billion in net sales in fiscal 2024 and employs around 3,100 people globally [3] Dividend Information - The quarterly dividend is set at 0.08 per share for the quarter ended March 31, 2025 [1] - The dividend payment date is May 30, 2025, with a record date of May 19, 2025 [1] Share Repurchase Program - The new share repurchase program allows for the repurchase of up to $500 million of common stock [2] - The program's execution will depend on share price, economic conditions, and regulatory requirements [2] - The company retains the right to suspend, amend, or discontinue the program at any time [2] Company Overview - Bio-Techne is a global life sciences company providing tools and bioactive reagents for research and clinical diagnostics [3] - The company's products support scientific investigations into biological processes and disease progression, aiding drug discovery and clinical testing [3] - Bio-Techne has a diverse portfolio with thousands of products [3]