MURRAY HILL, N.J.--(BUSINESS WIRE)--The Board of Directors of C. R. Bard, Inc. (NYSE: BCR) today authorized the repurchase of up to $500 million of the company’s common stock. This action follows the nearly completed buyback of $500 million of the company’s stock, authorized by the Board in October 2007. Share repurchases will be made from time-to-time in the open market or through privately negotiated transactions.