Dividends & Buybacks ·
Cumberland Pharmaceuticals Inc. declared a special cash dividend of $1.50 per share, payable on or about July 31…
CPIXCumberland Pharmaceuticals Inc
Cumberland Pharmaceuticals Inc. declared a special cash dividend of $1.50 per share, payable on or about July 31, 2026, to shareholders of record as of July 23, 2026. This decision follows a strategic transaction with Apotex Health Corp. that resulted in $100 million in cash at closing, with an additional $11 million expected. The Board also authorized a $5 million open-market share repurchase program. Cumberland Pharmaceuticals Inc. is a pharmaceutical company that develops and commercializes FDA-approved products.