AmerisourceBergen Corporation (ABC) Authorizes a New $750 Million Share Repurchase Program and Approves Quarterly Dividend
8/8/2013 11:17:21 AM
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VALLEY FORGE, Pa.--(BUSINESS WIRE)--The Board of Directors of AmerisourceBergen Corporation (NYSE: ABC) today authorized a new $750 million share repurchase program. AmerisourceBergen expects to use the new program to repurchase its outstanding shares of common stock, subject to market conditions. The Company has $446.1 million remaining on its prior November 2012 authorization, bringing the total amount authorized for repurchases to $1.2 billion. To date in fiscal year 2013, which ends September 30, 2013, the Company has spent $401.1 million to repurchase its outstanding shares of common stock.
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