Stryker (SYK) Announces $250M Accelerated Share Repurchase Plan

March 1, 2013 8:08 AM EST
Stryker Corp. (NYSE: SYK) entered into an Accelerated Share Repurchase agreement (ASR) with JPMorgan Chase Bank, NA to repurchase an aggregate of $250 million of the Company`s common stock. The ASR is part of the Company`s existing share repurchase authorization that was increased by the Board of Directors to $1.0 billion in December 2012

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