logo
  

Henry Schein Board Authorizes Share Repurchase

Henry Schein, Inc. (HSIC) said its Board has authorized the repurchase of up to $400 million of shares of the company's common stock. The new authorization represents approximately 3.9 percent of shares outstanding at the current stock price. The company had approximately 136 million shares outstanding as of August 17, 2022.

Ronald South, Chief Financial Officer of Henry Schein, said: "We are acutely focused
on deploying capital to drive long-term value and executing on our balanced capital allocation strategy, which includes investments to support organic growth, strategic acquisitions, and share repurchases."

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
American Honda Motor Co, Inc. has recalled about 2,900 units of 2022 model year Honda TRX90X All-Terrain Vehicles (ATVs) sold in the United States for possible crash and injury hazard, according to a statement issued by the U.S. Consumer Product Safety Commission or CPSC. The Laundress, a unit of Conopco Inc. d/b/a Unilever, is recalling around 8 million laundry and household cleaning products citing risk of exposure to bacteria, U.S. Consumer Product Safety Commission. The recall involves Laundress laundry detergent, fabric conditioner and other cleaning products. Tesla Inc. has delivered its first Semi, a heavy-duty electric truck, to its customer PepsiCo Inc. during an event at its Nevada Gigafactory. The delivery of 500-mile fully electric Semi truck comes five years after the launch of the truck's prototype in 2017. During Thursday night's Semi Delivery Event at Tesla's Sparks, Nevada factory, CEO Elon Musk, with Dan Priestly, ...
RELATED NEWS
Follow RTT