Cardinal Health Announces $5B Incremental Share Buyback Authorization
Cardinal Health recently completed an additional $350 million accelerated share repurchase program, bringing year-to-date share repurchases in fiscal year 2026 to $1.4 billion.Cardinal Health Board of Directors approved
Cardinal Health is buying back more of its own stock—it spent $350 million recently and plans to spend $5 billion more over time. This usually means the company thinks its stock is a good deal and has extra cash, which can be a sign of confidence.
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