Bausch Health Adopts Shareholder Rights Plan

Bausch Health Companies Inc. has announced the adoption of a shareholder rights plan (SRP). This initiative aims to protect shareholders in the event of unsolicited take-over bids and to provide the board with time to explore value-enhancing alternatives. The plan, effective April 14, 2025, is not adopted in response to any specific acquisition proposal. Each common share will be assigned a right, allowing shareholders to purchase additional shares at a discount if the rights become exercisable.

The SRP requires acceptance by the Toronto Stock Exchange and ratification by shareholders within six months. Should shareholders fail to approve, the plan will cease. Details of the SRP will be included in a management information circular sent to shareholders before a future meeting, and the full SRP document will be accessible on the SEDAR+ and EDGAR websites.