ESSA Pharma Pays Out Dividend Early Amid Merger Talks
ByAinvest
Tuesday, Aug 26, 2025 2:04 pm ET1min read
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A small Canadian biotechnology company, ESSA Pharma Inc., announced a dividend of $80 million to existing shareholders before a merger with XOMA Royalty Corp. The dividend was to be paid on Aug. 22, but the announcement contained an off-by-one error, stating the dividend would be paid on August 22, when it should have been August 21. The error was later corrected.
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