04:30 PM EST, 01/16/2025 (MT Newswires) -- Qiagen ( QGEN ) said Thursday it plans complete a $300 million synthetic share repurchase plan in late January.

Under the repurchase plan, Qiagen ( QGEN ) will consolidate 36 shares to 35 and pay stockholders $1.26 per pre-split share.

The repurchase is part of the company's plan to return at least $1 billion to shareholders through the end of 2028.