Merck (MRK) Announces $10B Buyback
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Merck Announces New $10 Billion Share Repurchase Program
March 24, 2015 5:00 PM EDTKENILWORTH, N.J.--(BUSINESS WIRE)-- Merck (NYSE: MRK), known as MSD outside the United States and Canada, today announced that its board of directors has authorized additional purchases of up to $10 billion of Mercks common stock for its treasury. The treasury stock purchase has no time limit and will be made over time in open-market transactions, block transactions on or off an exchange, or in privately negotiated transactions.
The combination of this share repurchase program and our strong dividend reflects our ongoing commitment to returning cash and delivering value to shareholders, said... More
