SonoSite Inc. Announces $50 Million Stock Repurchase Program

BOTHELL, Wash.--(BUSINESS WIRE)--SonoSite, Inc. (NASDAQ:SONO), the world leader and specialist in bedside and point-of-care ultrasound, today announced a stock repurchase program under which the company may purchase up to $50 million of its common stock over the next twelve months. Since February 2010, SonoSite has repurchased a total of approximately 3 million shares of its common stock through a modified “Dutch Auction” tender offer at a total cost of $88.8 million.

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