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Merck Announces $5 Billion Accelerated Share Repurchase

2013-05-21 23:00:00| Merck.com - Corporate News

Dateline City:  WHITEHOUSE STATION, N.J. WHITEHOUSE STATION, N.J.--(BUSINESS WIRE)--Merck (NYSE: MRK), known as MSD outside the United States and Canada, today announced that it has entered into an accelerated share repurchase agreement (ASR) with Goldman, Sachs & Co. to repurchase $5 billion of Mercks common stock. Proceeds from the companys recently concluded debt offering were used to execute the ASR, which is part of Mercks previously announced $15 billion share repurchase program. Language:  English Contact HTML:  MerckMedia Contact:Steven Cragle, 908-423-3461orInvestor Contact:Carol Ferguson, 908-423-5185 Ticker Slug:  Ticker: MRK Exchange: NYSE read more

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Merck Announces New $15 Billion Share Repurchase Program

2013-05-01 12:58:00| Merck.com - Corporate News

Dateline City:  WHITEHOUSE STATION, N.J. Companys expanded program now totals $16.1 billion WHITEHOUSE STATION, N.J.--(BUSINESS WIRE)--Merck (NYSE: MRK), known as MSD outside the United States and Canada, today announced that its board of directors has authorized additional purchases of up to $15 billion of Mercks common stock for its treasury. The company expects to repurchase approximately $7.5 billion of common stock over the next 12 months, financed through a combination of debt issuance and operating cash flows, with the remainder to be repurchased over time with no time limit. Language:  English Contact HTML:  MerckMedia Contact:Steven Cragle, 908-423-3461ORInvestor Contact:Alex Kelly, 908-423-5185 Ticker Slug:  Ticker: MRK Exchange: NYSE read more

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Hercules Launches Notes Repurchase Option

2013-05-01 11:30:00| OGI

If all outstanding notes are surrendered for repurchase, the aggregate cash repurchase price will be US $68.3 million.

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NYTEX Launches Share Repurchase Program

2013-04-25 16:05:00| OGI

The repurchases will be made from time-to-time on the open market at prevailing market prices.

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Covidien Expands Share Repurchase Program and Declares Quarterly Cash Dividend

2013-03-21 18:03:22| Industrial Machines - Topix.net

This program is in addition to the $2.0 billion share repurchase program announced in August 2011, which currently has approximately $425 million remaining.

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