AmerisourceBergen Corp. (ABC) said it increased its quarterly dividend rate 33% to $0.08 per common share from $0.06 per common share. The quarterly dividend of $0.08 per common share would be payable December 7, 2009, to stockholders of record at the close of business on November 23, 2009.
The Board of Directors also authorized a new $500 million share repurchase program, effective immediately. The new repurchase program, combined with $68.1 million remaining on the November 13, 2008 repurchase program, provides AmerisourceBergen with $568.1 million currently authorized for the repurchase of common shares. AmerisourceBergen expects to spend approximately $350 million to repurchase its common shares in fiscal year 2010.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.