Medpace announces $60M stock repurchase agreement

Medpace Holdings (Nasdaq: MEDP) is spending about $60.5 million to repurchase stock. The stock repurchase agreement with¬†Cinven Capital Management (V) General Partner Limited, announced yesterday, involves Medpace repurchasing 2 million shares of stock at a price of $30.27 per share. The transaction is expected to close tomorrow, subject to customary closing conditions. The company’s stock