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Essa Pharma Trading Halted Amid Pending News
ByAinvest
Monday, Aug 25, 2025 11:26 am ET1min read
Essa Pharma's (EPIX) trading has been halted pending news, according to Bloomberg. No further information is available at this time.
On August 25, 2025, ESSA Pharma's (EPIX) stock experienced a significant surge in pre-market trading, jumping by 39.58% [1]. This substantial increase came on the heels of a dividend announcement, where the company will distribute $1.69 per share on the same day. The dividend payout is part of ESSA Pharma's ongoing strategy to return value to its shareholders, a move that has been well-received by investors.The year-to-date return for ESSA Pharma stands at 7.82%, outperforming the broader market and reflecting the company's strong operational performance and shareholder-focused initiatives [1]. The dividend announcement and the subsequent stock surge highlight investor confidence in ESSA Pharma's value-return initiatives and operational performance.
Additionally, ESSA Pharma's listing on the NASDAQ and inclusion in various market analyses have increased its visibility and appeal among investors [2]. The company's presence in the biotechnology sector, coupled with its strategic initiatives, has positioned it as a notable player in the market.
However, it is important to note that on July 02, 2025, ESSA Pharma's trading was halted pending news, according to Bloomberg. No further information is available at this time.
References:
[1] https://www.ainvest.com/news/essa-pharma-epix-stock-soar-39-58-dividend-news-2508/
[2] https://www.ainvest.com/news/essa-pharma-epix-stock-soar-174-17-2508/
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