Franklin Municipal Opportunities Trust PMO

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Price alert · PMO

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10.02 USD +0.07 +0.70%

At close · Oct 30

10.02 0.00 0.00%

After hours · Oct 30, 4:00 PM ET

Bid
9.73 × 100
Ask
10.19 × 1,400
9.94 Day range 10.07
9.06 52-week range 10.87
YTD
-6.36%
1 year
-3.19%
Open
9.95
Prev close
9.95
Mkt cap
281.14M
Vol
49.11K
Avg vol
106.66K
EPS
0.85
P/E
11.79
Div yield
4.11%
More statistics
Low
9.94
High
10.07
Forward P/E
0.00
Beta
0.62
Short ratio
0.60
Inst. own
22.82%
Dividend
0.42
Ex-div date
Dec 22, 2024
50-d avg
10.53
200-d avg
10.33
1y target
0.00

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Discussion (1)

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VICKY HANUKA PMO 3 years ago #1

$PTC Therapeutics(PTCT.US)$ ?????????????? Royalty Pharma Announces Agreement to Purchase Up to $1.5 Billion of PTC Therapeutics' Royalty on Evrysdi -- Royalty Pharma purchases a portion of royalties on Roche's Evrysdi for
$1.0 billion upfront
-- PTC Therapeutics has option to sell rest of royalty for up to $500
million; Royalty Pharma has option to buy half of rest of royalty for up
to $250 million
-- Transaction expected to enhance long-term Adjusted Cash Receipts growth
(non-GAAP)
-- Royalty Pharma to host conference call today, Thursday, October 19 at
9:00am EDT
NEW YORK, Oct. 19, 2023 (GLOBE NEWSWIRE) -- Royalty Pharma plc (Nasdaq: RPRX) announced today an agreement with PTC Therapeutics, Inc. to acquire additional royalties on Roche's Evrysdi for $1.0 billion upfront. The agreement includes options for PTC to sell up to all of its retained royalties on Evrysdi for up to $500 million or for Royalty Pharma to acquire half of such retained royalties for up to $250 million at a later date.