SURMODICS INC (SRDX)

Surmodics, Inc. engages in the provision of surface modification technologies for intravascular medical devices, and chemical and biological components for in vitro diagnostic immunoassay tests and microarrays. It also develops and commercializes medical devices that are designed to address unmet clinical needs and engineered to the most demanding requirements. The firm operates through the following segments: Medical Device, In Vitro Diagnostics, and Corporate. The Medical Device segment designs, develops, and manufactures vascular interventional medical devices, surface modification coating technologies, as well as drug-delivery coating technologies. The In Vitro Diagnostics segment is composed of component products and technologies for diagnostic test kits and biomedical research applications. The company was founded in June 1979 and is headquartered in Eden Prairie, MN.

Address

9924 W 74TH ST
EDEN PRAIRIE, MN 55344

Founded

1979

Number of Employees

376

Buyback

Buyback Data 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Average
$ Amount Purchased
($ in 000s )
- - - - - - - $872 $955 $1,006 $32 $716
Average Price - - - - - - - $45.94 $36.10 $32.40 $33.13 $36.99
# Shares Purchased - - - - - - - 18,983 26,455 31,045 967 19,363
Buyback Performance 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Average
Total Return to Date - - - - - - - -15.1% 8.0% 20.4% 17.7% 5.4%
S&P 500 Return to Date - - - - - - - 31.7% 37.3% 31.3% 7.4% 26.9%
Excess Total Return - - - - - - - -46.8% -29.2% -11.0% 10.3% -21.5%
Quartile Rank
Percentile Rank - - - - - - - 34% 54% 61% 75% 46%
Buyback returns calculated using weighted average buyback price over the last 10 years and comparing to current day stock price value. S&P 500 used as benchmark for excess return.

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