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JNJ Johnson and Johnson

146.43
-2.10 (-1.41%)
26 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Johnson and Johnson NYSE:JNJ NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  -2.10 -1.41% 146.43 149.58 146.33 149.37 7,642,733 00:53:34

Trending: Johnson & Johnson Authorizes Repurchase of Up to $5 Billion in Stock

14/09/2022 7:36pm

Dow Jones News


Johnson and Johnson (NYSE:JNJ)
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14:03 ET -- Johnson & Johnson is one of the most talked about companies in the U.S. across all news items in the last 12 hours, according to Factiva data. The New Jersey-based drug company said its board has authorized the repurchase of up to $5 billion in stock and it doesn't expect to incur debt to fund the repurchases. J&J also reaffirmed its 2022 adjusted operational sales growth guidance of 6.5% to 7.5% and earnings per share at $10.65 to $10.75. "With our strong cash flow and lowest level of net debt in five years, we have the ability to invest in innovation, grow our dividend, execute strategic acquisitions, and take this action to deliver shareholder returns and drive long-term growth," said CEO Joaquin Duato. Dow Jones & Co. owns Factiva. (jennifer.tershak@wsj.com)

 

(END) Dow Jones Newswires

September 14, 2022 14:21 ET (18:21 GMT)

Copyright (c) 2022 Dow Jones & Company, Inc.

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