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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Pfizer Inc | NYSE:PFE | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 27.18 | 0 | 01:00:00 |
By Chris Wack
Pfizer Inc. (PFE) on Monday said it raised its quarterly dividend by 6% to 34c from 32c, starting in the first quarter.
The drug maker also authorized a new $10 billion stock-buyback plan. The new program is in addition to the $6.4 billion remaining under the company's current authorization.
"The dividend increase and new repurchase program demonstrate our commitment to returning capital to shareholders," Pfizer CEO Ian Read said.
Write to Chris Wack at chris.wack@wsj.com
(END) Dow Jones Newswires
December 18, 2017 12:17 ET (17:17 GMT)
Copyright (c) 2017 Dow Jones & Company, Inc.
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