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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Thermo Fisher Scientific Inc | NYSE:TMO | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
1.13 | 0.20% | 572.38 | 579.84 | 571.63 | 579.84 | 1,749,671 | 01:00:00 |
By Colin Kellaher
Thermo Fisher Scientific Inc. (TMO) on Friday said its board authorized the repurchase of $2.5 billion of common stock in the open market or in negotiated transactions.
The Waltham, Mass., company, which has about 400 million shares outstanding, sports a market capitalization of roughly $117.7 billion based on Thursday's closing price of $293.54.
Thermo Fisher said the buyback program, which has no expiration date, replaces a previous authorization that had $500 million remaining.
Write to Colin Kellaher at colin.kellaher@wsj.com
(END) Dow Jones Newswires
November 08, 2019 08:28 ET (13:28 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
1 Year Thermo Fisher Scientific Chart |
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