Tyco International Ltd. (TYC) just announced that its Board of Directors authorized a new program to purchase up to $1 billion of the company's common stock.
Tyco International has been climbing sharply on increased volume since the announcement was made. Shares are now up 0.73 at $39.57. The stock has risen to nearly a 4-month high.
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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.