Tranche Update on IQVIA Holdings Inc.'s Equity Buyback Plan announced on October 31, 2013.
October 21, 2021 at 07:06 am EDT
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From July 1, 2021 to September 30, 2021, the company has repurchased 514,004 shares, representing 0.27% for $125.5 million. With this, the company has completed the repurchase of 67,571,812 shares, representing 39.35% for $6,302.33 million under the buyback announced on October 31, 2013.
Iqvia Holdings Inc. is one of the world's leading companies specializing in information, analytics, research and healthcare services based on technology solutions. Net sales break down by activity as follows:
- development of contract research and clinical development solutions and services (54.5%): helping biopharmaceutical companies, medical researchers and healthcare professionals optimize their clinical studies, develop new therapeutic classes, identify treatment needs and assess the efficacy of pharmaceuticals with a view to improving clinical and scientific outcomes;
- development of technology and analytics solutions (39.9%): services related to information, analysis, strategic consulting, marketing studies and short-term healthcare-market studies, business processes outsourcing, and management of medical-administrative databases, all aimed at optimizing the performance and commercial strategies of pharmaceutical companies and health workers;
- integrated services (5.6%): development and implementation of customized solutions and customer engagement programs, healthcare services, scientific and medical services, etc.
Net sales are distributed geographically as follows: Americas (49.4%), Europe and Africa (31.4%) and Asia/Pacific (19.2%).