Bristol-myers Squibb Co FY24 Annual Capital Expenditures Are Expected To Be About $1.4B
Portfolio Pulse from Benzinga Newsdesk
Bristol-Myers Squibb Co (BMY) has announced that its FY24 annual capital expenditures are expected to be about $1.4 billion.
July 26, 2024 | 4:13 pm
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Bristol-Myers Squibb Co (BMY) has announced that its FY24 annual capital expenditures are expected to be about $1.4 billion. This significant investment indicates the company's commitment to growth and development, which could positively impact its stock price in the short term.
The announcement of a substantial capital expenditure plan suggests that Bristol-Myers Squibb is investing in its future growth and development. This can be seen as a positive signal by investors, potentially leading to a short-term increase in the stock price.
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