Drugmaker Pfizer Inc. (PFE) said Thursday that its board of directors has authorized a new $10 billion share repurchase program to be utilized over time.
The new program is in addition to the $3.9 billion of authorization remaining under the company's current share repurchase program. The New York-based company also declared a $0.24 third quarter dividend on its common stock, payable on September 4 to shareholders of record on August 2.
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May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.