Published February 19, 2016 9:52am EST | Updated February 19, 2016 12:04pm EST

Perrigo To Relocate More Corporate Positions To Low-tax Ireland

Drug company Perrigo Co. Plc said Friday it is relocating more jobs to Ireland, including in supply chain and global operations, procurement, enterprise risk management and corporate finance and IT. The Dublin-based company said low-tax Ireland remains its gateway for expansion into Europe. Shares were down 1.5% early Friday, and are down 15% in the last 12 months, while the S&P 500 is down about 9%.