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Covidien PLC Expands Share Repurchase Program and Declares Quarterly Cash Dividend


Thursday, 21 Mar 2013 07:00am EDT 

Covidien PLC announced that its Board of Directors has authorized a new program to purchase up to $3 billion of the Company's ordinary shares from time to time, based on market conditions. This program is in addition to the $2.0 billion share repurchase program announced in August 2011, which currently has approximately $425 million remaining. The Company also announced that its Board of Directors has declared a quarterly cash dividend of $0.26 per ordinary share. The dividend is payable on May 3, 2013, to shareholders of record on April 4, 2013. 

Company Quote

91.37
0.37 +0.41%
11 Jul 2014