Zydus Lifesciences shares jump 6% on buyback buzz; co announces $166 mn Assertio acquisition
- Posted on May 14, 2026
- By Business News Today
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- 1 min read
Zydus Lifesciences shares jump 6% on buyback buzz; co announces $166 mn Assertio acquisition
Zydus Lifesciences shares witnessed a spike on Thursday after the company said its board will meet on May 19 to consider a share buyback. The stock also gained momentum as Zydus announced a $166 million acquisition of US-based Assertio. Investor sentiment improved on expectations of capital return and strategic business expansion.
