Corporate News
Veeva (VEEV) – Market and Corporate Update
Price and Volume
- Closing price at 12:14 PM Central Europe on Thursday 22 Oct 2026: USD 320.55.
- 24‑hour volume: USD 458.7 million.
- Market capitalization: USD 51.6 billion.
- Outstanding shares: 161.9 million.
- 24‑hour change: +0.59 %; since the end of last month: +22.86 %.
Technical Indicators
- 200‑day simple moving average: USD 206.33.
- 52‑week high: USD 322.99 (10 Oct 2026).
- 52‑week low: USD 148.05 (10 Apr 2026).
Recent Corporate Actions
Veeva Systems Inc. announced several actions following its 15th Board of Directors meeting on 8 Oct 2026:
| Item | Detail |
|---|---|
| Company name | Will change to VEEVA RICO PUBLIC COMPANY LIMITED. |
| Brand assets | Logo, seal, and registered office address to be updated. |
| Capital restructuring | • Cancellation of unissued shares to reduce registered capital. • Subsequent increase to accommodate new ordinary shares and warrants. |
| Warrants | Issuance of META‑W8 warrants approved. |
| Right‑of‑first‑offer | Existing shareholders granted a right to purchase newly issued ordinary shares. |
| Convertible debentures | Shares allocated to allow conversion of existing convertible debentures. |
| Real‑estate acquisition | Purchase of land in Rayong Province for real‑estate development at appraised market value. |
| Regulatory compliance | All actions designed to align the corporate structure and capital base with Thai securities regulations and strategic objectives. |
Related Stock Performance (Last 24 Hours)
| Stock | Symbol | 24‑h Change | Current Price (USD) | Market Cap (USD bn) | P/E Ratio |
|---|---|---|---|---|---|
| Monolithic Power | MPWR | +2.77 % | 1,283.32 | 61.4 | 76.4 |
| Oneok (US) | ONEOK | –2.8 % | 93.31 | 58.9 | 16.15 |
| Oneok (UK) | OKE | +0.29 % | 93.12 | 58.8 | 16.03 |
| Cardinal Health | CAH | –0.03 % | 257.46 | 59.6 | 35.37 |
| Natera | NTRA | +1.84 % | 413.38 | 58.5 | — |
Cardinal Health Acquisition
Cardinal Health announced the acquisition of Integrated Oncology Network for roughly one billion dollars. The deal expands its presence in community oncology, aligning with its strategy to integrate specialty pharmacy and clinical support services. The transaction reflects broader consolidation trends in the drug distribution sector aimed at strengthening footholds in community‑based oncology practices.
About Veeva
Veeva Systems Inc. is a cloud‑based software provider serving the health‑care sector. The company delivers enterprise applications, multichannel platforms, customer‑relationship management, and content‑management solutions. Its global customer base includes life‑sciences firms that rely on Veeva’s software to enhance operational efficiency and collaboration across their organizations.
