CareFusion Corp. (CFN) said its board of directors authorized the repurchase of up to $500 million of the company's common stock. The share repurchase program is expected to continue through December 2013.
This is the first share repurchase program for CareFusion, which spun off from Cardinal Health and began operating as a separate publicly traded company in September 2009. The company had approximately 227 million shares of common stock outstanding as of Dec. 31, 2011.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.