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 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.