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TMO Thermo Fisher Scientific Inc

571.25
0.00 (0.00%)
03 May 2024 - Closed
Delayed by 15 minutes
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
  0.00 0.00% 571.25 0 01:00:00

Thermo Fisher Scientific Authorizes $4 Billion Share Repurchase

10/11/2022 10:20pm

Dow Jones News


Thermo Fisher Scientific (NYSE:TMO)
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By Stephen Nakrosis

 

Thermo Fisher Scientific Inc. on Thursday said its board authorized a $4 billion repurchase of common stock.

The latest authorization has no expiration date, the maker of scientific equipment said.

In October, the company said it was expecting to execute a $1 billion share repurchase program throughout the fourth quarter.

Thermo Fisher has a market capitalization of $190.1 billion, 392.2 million shares outstanding and a public float of 391.31 million shares.

The company's stock ended Thursday's regular session with a 7.4% gain, closing at $520.58.

 

Write to Stephen Nakrosis at stephen.nakrosis@wsj.com

 

(END) Dow Jones Newswires

November 10, 2022 17:05 ET (22:05 GMT)

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

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