MINNEAPOLIS--(BUSINESS WIRE)--Sept. 18, 2006--Medtronic, Inc. (NYSE:MDT) announced today that it has repurchased approximately 95.2 percent of two series of its outstanding contingent convertible debentures due 2021. An aggregate of $1,971,446,000 principal amount of debentures was outstanding. Holders of the debentures had the option to tender those debentures for repurchase at par on September 15, 2006.