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Agilent Technologies Inc Increases Stock Repurchase Program To $1 Billion

Tuesday, 14 May 2013 04:05pm EDT 

Agilent Technologies Inc announced that its board of directors has authorized an increase of $500 million to its existing stock repurchase program. Under the increased program, the Company is authorized to repurchase up to $1 billion of its common stock, inclusive of amounts repurchased since November 1, 2012. Agilent expects the program to be completed by the end of calendar year 2013. During the first quarter of 2013, Agilent purchased 2 million shares of common stock, and in the second quarter, 3.3 million shares were purchased. Under the increased program, approximately $781 million of stock remains to be repurchased. 

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0.89 +1.68%
1:45pm EDT