CooperCompanies lifts share buyback authorization to $3 billion from $2 billion
C
COO• Buyback authorization increased after strategic review
CooperCompanies raised its share repurchase authorization to from following completion of its strategic review.
$3 billion
$2 billion
The company said $445 million of shares were repurchased in the current fiscal year.
The board cited confidence that the current valuation understates long-term growth, cash generation, market positions and the innovation pipeline.
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CooperCompanies lifts share buyback authorization to $3 billion from $2 billion - COO News | Rallies
