St. Jude Medical (STJ) Approves $1B Buyback
- Top 10 News for 7/25 - 7/29: Earnings and Mergers and ... Chioptle Making Burgers?
- Tech shares and muted GDP growth push S&P 500 to record
- No clean bill of health for EU banks in stress test
- Private equity firms focused on Hewlett Packard asset sales: sources
- Tesla (TSLA) Gains as Panasonic Seeks to Raise $3.9B for Gigafactory
St. Jude Medical, Inc. (NYSE: STJ) has authorized a share repurchase of up to $1 billion of its outstanding common stock. The repurchases will occur at such times and at such prices as the management of the company determines and may be effected through transactions in the open market, in privately negotiated transactions or otherwise. As of Nov. 28, 2012, the company had approximately 308 million shares of common stock issued and outstanding. The company expects to fund this program with cash on hand as well as other sources of available liquidity.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Armstrong World (AWI) Tops Q2 EPS by 5c; Approves $150M Stock Buyback
- Lazard Ltd Reports Second-Quarter and First-Half 2016 Results
- FICO (FICO) Approves $250M Stock Buyback Plan
Create E-mail Alert Related CategoriesHot Buybacks, Stock Buybacks
Related EntitiesStock Buyback
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!