(BUSINESS WIRE)--Life Technologies Corporation (NASDAQ: LIFE) today announced a share repurchase program for up to $500 million. This program authorizes management, at its discretion, to repurchase shares on the open market or in privately negotiated transactions, subject to market conditions and other factors. “The company remains committed to our long-term growth plan and our balanced capital deployment strategy,” said Gregory T. Lucier, Chairman and Chief Executive Officer of Life Technologies. “Given our continued outlook for significant free cash flow generation, we believe the Company is in strong financial position to meet both our capital requirements to invest for future growth, while also returning excess cash to shareholders.”
