Added to YB: 2026-09-03
Pitch date: 2026-08-31
ABUS [neutral]
Arbutus Biopharma Corporation
+0.99%
current return
Author Info
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Company Info
Arbutus Biopharma Corporation, a clinical-stage biopharmaceutical company, develops novel therapeutics for infectious disease in the United States.
Market Cap
$1.0B
Pitch Price
$5.05
Price Target
5.75 (+13%)
Dividend
N/A
EV/EBITDA
6.21
P/E
6.43
EV/Sales
5.04
Sector
Biotechnology
Category
special_situation
$ABUS: the buyback is 230 million, and the claim still on appeal is 1.3 billion
ABUS (overview): Arbutus has launched a modified Dutch auction for up to $230M at $5.00-$5.75 per share, potentially retiring 20.2%-23.3% of shares, after receiving $178.4M from the Moderna settlement and ahead of an expected Genevant dividend. The remaining prize is a contingent $1.3B payment to Arbutus and Genevant on appeal; if section 1498 stands, it is zero and Arbutus remains a clinical-stage biotech with a deliberately smaller balance sheet.
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