Inspire Medical Systems, Inc. Announces $75 million Accelerated Share Repurchase Program
Inspire Medical Systems, Inc. (INSP)
Last inspire medical systems, inc. earnings: 2/25 04:15 pm
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Source: GlobeNewswire
MINNEAPOLIS, Nov. 11, 2024 (GLOBE NEWSWIRE) -- Inspire Medical Systems, Inc. (NYSE: INSP) (“Inspire,” or the “Company”), a medical technology company focused on the development and commercialization of innovative, minimally invasive solutions for patients with obstructive sleep apnea, today announced that it entered into an accelerated share repurchase (“ASR”) transaction under an agreement with Goldman Sachs & Co. LLC, to repurchase an aggregate of $75.0 million of shares of the Company’s common stock, par value $0.001 per share. The ASR transaction is being completed pursuant to a previously announced $150.0 million share repurchase program authorized by the Company’s Board of Directors. “Entering into this ASR reflects our confidence in our long-term growth potential, underpinned by our strong revenue and earnings growth profile and our expectations for our future cash generation,” said Tim Herbert, Chairman and CEO of Inspire. “We remain committed to invest in our future growth
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INSP
Earnings
- 11/4/24 - Beat
INSP
Sec Filings
- 12/23/24 - Form 4
- 11/12/24 - Form SC
- 11/12/24 - Form 8-K
- INSP's page on the SEC website