PharmaCyte Biotech to Implement $10-Million Share Repurchase Program

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Jun 02, 2022

PharmaCyte Biotech, Inc. (NASDAQ: PMCB) (PharmaCyte), a biotechnology company focused on developing cellular therapies for cancer, diabetes and malignant ascites using its signature live-cell encapsulation technology, Cell-in-a-Box®, today announced that its Board of Directors (Board) has authorized a share repurchase program to repurchase up to $10 million of PharmaCyte’s outstanding common stock. The share repurchase authorization is effective immediately for a two-year period. PharmaCyte expects to fund the program with its available cash.