Tetragon Financial Group Launches $50 Million Share Buyback
Tetragon Financial Group has commenced a $50 million tender offer for its non-voting shares using a modified Dutch auction process.
Investment firm Tetragon Financial Group has launched a tender offer to repurchase up to $50 million of its outstanding non-voting shares. The offer is structured as a modified Dutch auction, allowing shareholders to submit tenders within a price range of $15.00 to $16.75 per share.
The tender offer is scheduled to expire on December 3, 2026. J.P. Morgan is acting as the dealer manager for the transaction, and the final purchase price will be determined based on the tenders submitted by shareholders. In the event that the value of tendered shares exceeds the $50 million limit, the company will utilize a proration mechanism to finalize the acquisition.
Tetragon expects to announce the final purchase price and any applicable proration factors on or around December 4, 2026. The company’s shares are listed on Euronext Amsterdam and traded on the London Stock Exchange’s Specialist Fund Segment.