Thermo Fisher Scientific Announces $5B Buyback Plan
Thermo Fisher Scientific Inc. (NYSE: TMO), the world leader in serving science, today announced that its Board of Directors has authorized the repurchase of up to an aggregate of $5 billion of shares of its common stock
Thermo Fisher says it will buy back its own stock worth five billion dollars. This usually means the company thinks its stock is fairly priced and has extra cash.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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