Thermo Fisher Scientific Authorizes $5 Billion Share Buyback after Upbeat Earnings
Thermo Fisher Scientific announces new $5 billion share buyback authorization, as traders balance broader market gains against capital plans.
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Why It Matters
Thermo Fisher said it will buy back five billion dollars of its own stock. This usually means the company feels confident about its future and wants to reward shareholders.
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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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