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 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.