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    Exelixis Inc. filed SEC Form 8-K: Other Events, Financial Statements and Exhibits

    2/21/25 8:00:27 AM ET
    $EXEL
    Biotechnology: Biological Products (No Diagnostic Substances)
    Health Care
    Get the next $EXEL alert in real time by email
    exel-20250220
    2/20/20250000939767false00009397672025-02-202025-02-20

    UNITED STATES
    SECURITIES AND EXCHANGE COMMISSION
    Washington, D.C. 20549

    FORM8-K

    CURRENT REPORT
    PURSUANT TO SECTION 13 OR 15(d) OF THE
    SECURITIES EXCHANGE ACT OF 1934
    Date of Report (Date of earliest event reported): February 20, 2025

    Exelixis_Logo_RGB_2023.jpg
    EXELIXIS, INC.
    (Exact name of registrant as specified in its charter)

    Delaware
    000-30235
    04-3257395
    (State or Other Jurisdiction of Incorporation)
    (Commission File Number)
    (IRS Employer Identification No.)

    1851 Harbor Bay Parkway
    Alameda, California 94502
    (Address of principal executive offices) (Zip Code)

    (650) 837-7000
    (Registrant’s telephone number, including area code)
    Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
    ☐    Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
    ☐    Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
    ☐    Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
    ☐    Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

    Securities registered pursuant to Section 12(b) of the Act:

    Title of each classTrading Symbol(s)Name of each exchange on which registered
    Common Stock $0.001 Par Value per ShareEXELThe Nasdaq Stock Market LLC

    Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company ☐

    If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐



    Item 8.01. Other Events.

    Stock Repurchase
    On February 20, 2025, Exelixis, Inc. announced that the Board of Directors authorized the repurchase of up to an additional $500 million of its common stock before December 31, 2025. A copy of the press release is furnished herewith as Exhibit 99.1 and is incorporated herein by reference.

    Item 9.01. Financial Statements and Exhibits.

    (d)     Exhibits.
    Exhibit NumberExhibit Description
    99.1
    Press Release issued February 20, 2025
    104Cover Page Interactive Data FileThe cover page interactive data file does not appear in the Interactive Data File because its XBRL tags are embedded within the Inline XBRL document.



    SIGNATURES
    Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
    EXELIXIS, INC.
    February 21, 2025
    /s/ Jeffrey J. Hessekiel
    DateJeffrey J. Hessekiel
    Executive Vice President and General Counsel


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