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Abbott



Abbott Announces New $5 Billion Share Repurchase Program



October 31st, 2008

Abbott's board of directors has authorized the repurchase of up to $5 billion of the corporation's common stock.

The purchases may be made from time to time as market conditions warrant and subject to regulatory considerations. The timing and amounts of any purchases will be determined by the company's management. The share repurchase authorization has no time limit and may be discontinued at any time.

Keywords: Abbott.

This article was prepared by Health Business Week editors from staff and other reports. Copyright 2008, Health Business Week via NewsRx.com.


Source: Health Business Week (2008-10-31)

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