SonoSite Inc. (SONO) announced Monday morning that its Board of Directors authorized the repurchase of up to $150 million of the company's common stock or outstanding convertible notes for cash. SonoSite Inc. gapped open higher Monday and climbed in early trade, before settling into a narrow range. Shares advanced further during the final hour of the afternoon and finished up by $2.51 at $28.61 on above average volume. The stock has been rising steadily for the past week and a half and set a new high for the year.
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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.