Published November 18, 2014 7:07am EST | Updated January 8, 2015 2:54pm EST

Zoetis Board Approves $500 Mln Share Buyback Program

Animal health company Zoetis Inc. said Tuesday it's board has approved a share buyback program of $500 million. Shares were not yet active in premarket trade, but have gained 35% in the year so far, while the S&P 500 is up 10%.