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flag Galderma repurchases shares worth $232.5M to support employee programs and boost share float.

flag Galderma, a leading dermatology company, plans to repurchase 2.38 million shares at CHF 97.75 each, totaling CHF 232.5 million. flag This move, set to settle on June 2, aims to support employee programs and future business opportunities without impacting strategic plans. flag The repurchase is funded by the company's current liquidity and is expected to increase the free float of Galderma's shares from 41.8% to 49.8%.

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