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Bard Announces $500 Mln Stock Buyback Authorization; Boosts Dividend

C.R. Bard, Inc. (BCR) said Wednesday that its Board of Directors has authorized the repurchase of up to $500 million of the company's common stock.

This is in addition to about $30 million remaining under the June 2012 authorization.

The company also said its board has increased the quarterly dividend by 5% to $0.21 per share, payable on August 2 to shareholders of record on July 22.

by RTTNews Staff Writer

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