Henry Schein (HSIC) Reports $400M Increase in Buyback Plan
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Henry Schein Announces $400 Million Increase To Share Repurchase Plan
December 1, 2015 7:00 AM ESTMELVILLE, N.Y., Dec. 1, 2015 /PRNewswire/ -- Henry Schein, Inc. (NASDAQ: HSIC), the world's largest provider of health care products and services to office-based dental, animal health and medical practitioners, announced today that its Board of Directors has authorized the repurchase of up to $400 million of shares of the Company's common stock. This program is in addition to the $300 million repurchase program announced in December 2014, which as of today has approximately $25 million remaining authorized for future repurchases.
The Company had approximately 83 million shares outstanding as of October 26, 2015, and this new authorization... More
