Varian Medical Systems (VAR) Approves 8M Share Common Stock Buyback Plan
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Varian Medical Systems Board of Directors Authorizes Repurchase of Additional 8 Million Shares of Stock
November 21, 2016 5:30 AM ESTPALO ALTO, Calif., Nov. 21, 2016 /PRNewswire/ --Â Varian Medical Systems, Inc. (NYSE: VAR) today announced that its board of directors has authorized the company to repurchase an additional 8 million shares of its common stock, commencing on January 1, 2017. Â Stock repurchases may be made in the open market, in privately negotiated transactions including accelerated share repurchase programs, or in Rule 10b5-1 share repurchase plans, and also may be made from time to time or in one or more larger blocks. Â The company has 4 million shares remaining in an existing 8 million share repurchase authorization that... More
