Agilent Plans To Repurchase $0.75B Of Its Common Stock By The End Of The Fiscal Year, And The Board Recently Authorized A New $2B Share Repurchase Program
Portfolio Pulse from Benzinga Newsdesk
Agilent Technologies plans to repurchase $750 million of its common stock by the end of the fiscal year. Additionally, the board has authorized a new $2 billion share repurchase program.
May 29, 2024 | 8:21 pm
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Agilent Technologies is set to repurchase $750 million of its common stock by the end of the fiscal year and has authorized a new $2 billion share repurchase program.
Stock repurchase programs typically signal management's confidence in the company's future prospects and can lead to an increase in stock price due to reduced supply and improved earnings per share.
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