BATESVILLE, Ind., Oct. 3, 2012 /PRNewswire/ -- Hill-Rom Holdings, Inc. (NYSE: HRC) announced today that its board of directors has expanded the share repurchase authorization by 3.5 million shares. The authorization has no expiration date.
"The expansion of our share repurchase authorization reflects Hill-Rom's continuing commitment to disciplined capital allocation and value creation for our shareholders," said Mark Guinan, Senior Vice President and Chief Financial Officer.
ABOUT HILL-ROM HOLDINGS, INC.
Hill-Rom is a leading worldwide manufacturer and provider of medical technologies and related services for the health care industry, including patient support systems, safe mobility and handling solutions, non-invasive therapeutic products for a variety of acute and chronic medical conditions, medical equipment rentals, surgical products and information technology solutions. Hill-Rom's comprehensive product and service offerings are used by health care providers across the health care continuum and around the world in hospitals, extended care facilities and home care settings to enhance the safety and quality of patient care.
Hill-Romenhancing outcomes for patients and their caregivers.
SOURCE Hill-Rom Holdings, Inc.