Thermo Fisher Scientific Authorizes $1 Billion of Share Repurchases and Declares Quarterly Dividend
November 12 2015 - 4:30PM
Business Wire
Thermo Fisher Scientific Inc. (NYSE: TMO), the world leader in
serving science, today announced that its board of directors has
authorized the repurchase of $1 billion of shares of its common
stock in the open market or in negotiated transactions. The new
share repurchase authorization replaces the existing authorization,
in which there was approximately $410 million remaining. The
company intends to resume share repurchases in 2016.
The board also declared a quarterly cash dividend of $0.15 per
share. The dividend will be paid on January 15, 2016, to
shareholders of record as of December 15, 2015.
About Thermo Fisher Scientific
Thermo Fisher Scientific Inc. (NYSE: TMO) is the world
leader in serving science, with revenues of $17
billion and approximately 50,000 employees in 50 countries.
Our mission is to enable our customers to make the world healthier,
cleaner and safer. We help our customers accelerate life sciences
research, solve complex analytical challenges, improve patient
diagnostics and increase laboratory productivity. Through our
premier brands – Thermo Scientific, Applied Biosystems, Invitrogen,
Fisher Scientific and Unity Lab Services – we offer an unmatched
combination of innovative technologies, purchasing convenience and
comprehensive support. For more information, please visit
www.thermofisher.com.
View source
version on businesswire.com: http://www.businesswire.com/news/home/20151112006537/en/
Media Contact Information:Ron O’Brien,
781-622-1242ron.obrien@thermofisher.comwww.thermofisher.comorInvestor
Contact Information:Ken Apicerno,
781-622-1294ken.apicerno@thermofisher.com
Thermo Fisher Scientific (NYSE:TMO)
Historical Stock Chart
From Aug 2024 to Sep 2024
Thermo Fisher Scientific (NYSE:TMO)
Historical Stock Chart
From Sep 2023 to Sep 2024