Reading International, Inc. RDIB
Set alert
At close · Oct 30
After hours · Oct 30, 4:00 PM ET
- YTD
- -6.90%
- 1 year
- -7.61%
- Open
- 9.22
- Prev close
- 10.40
- Mkt cap
- 247.21M
- Vol
- 10.29K
- Avg vol
- 168.40K
- EPS
- -0.55
- P/E
- 0.00
- Div yield
- 0.00%
More statistics
- Low
- 8.40
- High
- 10.80
- Forward P/E
- 0.00
- Beta
- 1.62
- Short ratio
- 0.56
- Inst. own
- 8.97%
- Dividend
- 0.00
- Ex-div date
- 50-d avg
- 6.75
- 200-d avg
- 11.42
- 1y target
- 0.00
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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.