Azenta approves $1.5B share repurchase program

The Company’s Board of Directors has approved a share repurchase authorization of $1.5B in common stock. The Company intends to repurchase at least $1B in common stock over the next year, including an accelerated share repurchase program to repurchase approximately $500M in common stock. Azenta intends to enter into an ASR agreement in the coming days.