# COLLEGIUM PHARMACEUTICAL, INC (COLL) — capital_return/buyback_authorization [announced]
Source: SEC API (secapi.ai) · situation sit_d33c1f799aa40ccb8f9d · retrieved 2026-08-17T02:58:48.964Z

## Overview
Collegium Pharmaceutical, Inc. is a pharmaceutical company engaged in the development and commercialization of pharmaceutical preparations.

On August 12, 2026, Collegium Pharmaceutical, Inc. announced execution of an accelerated share repurchase (ASR) agreement with Jefferies LLC to repurchase $50 million of the Company's common stock. The Company will pay $50 million and receive an initial delivery of 1,556,420 shares based on the $25.70 closing stock price on August 12, 2026, representing approximately 80% of the total shares expected to be repurchased. The final settlement is expected to be completed no later than the fourth quarter of 2026. This ASR is part of a $150 million share repurchase program authorized by the Board in July 2025.

## Terms
- Counterparty: Jefferies LLC · Deal value: $50.0M · Consideration: cash · Price/share: $25.7

## Key dates
- Announced 2026-08-13 · Expected close 2026-12-31

## Timeline
- 2026-08-13 · 8-K (0001104659-26-095464): 8-K - COLLEGIUM PHARMACEUTICAL, INC — *Collegium Pharmaceutical, Inc. is a pharmaceutical company engaged in the development and commercialization of pharmaceutical preparations.* On August 12, 2026, Collegium Pharmaceutical, Inc. announced execution of an accelerated share repurchase (ASR) agreement with Jefferies LLC to repurchase $50 million of the Company's common stock. The Company will pay $50 million and receive an initial delivery of 1,556,420 shares based on the $25.70 closing stock price on August 12, 2026, representing approximately 80% of the total shares expected to be repurchased. The final settlement is expected to be completed no later than the fourth quarter of 2026. This ASR is part of a $150 million share repurchase program authorized by the Board in July 2025.
  https://www.sec.gov/Archives/edgar/data/1267565/0001104659-26-095464.txt

## Citations
- 0001104659-26-095464 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000110465926095464