Thermo Fisher Scientific board authorizes $5 billion share buyback
TMO•Thermo Fisher Scientific’s board authorized repurchases of up to $5 billion of common stock, replacing an existing authorization with $1 billion remaining. The program has no expiration date.
1. New repurchase authorization
The board authorized Thermo Fisher Scientific to repurchase up to $5 billion of its common stock, replacing the existing authorization, which had $1 billion remaining. Repurchases may occur in the open market or through negotiated transactions, and the authorization has no expiration date.
