Henry Schein Unveils $400 Million Increase To Share Buyback Plan
Henry Schein Inc. said Tuesday it is adding another $400 million to its share buyback authorization. The health care products maker had $25 million left in the $300 million program announced in Dec. 2014, according to a statement. The company had about 83 million shares outstanding as of Oct. 26. Shares were not yet active in premarket trade, but are up 15% in the year so far, while the S&P 500 has gained 1%.
Copyright © 2015 MarketWatch, Inc.