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Stryker Corp Declares 25% Increase In Quarterly Dividend and Announces Increase In Share Repurchase Authorization To $1 Billion

Tuesday, 4 Dec 2012 07:00pm EST 

Stryker Corp announced that Board of Directors has increased its dividend 25% by declaring a quarterly dividend of $0.265 per share payable on January 31, 2013, to shareholders of record at the close of business on December 31, 2012. Stryker also announced that its Board of Directors has authorized the Company to repurchase an additional $405 million of its common stock, which raises the total share repurchase authorization to $1 billion. The repurchases will occur at such times and prices as the management of the company determines and may be effected through transactions in the open market, in privately negotiated transactions or otherwise. 

Company Quote

-0.1 -0.12%
23 Jul 2014