Bristol-Myers Squibb Raises Dividend, Buyback Authorization
December 13 2021 - 07:45AM
Dow Jones News
By Matt Grossman
Bristol-Myers Squibb Co. said Monday its board of directors has
raised its quarterly dividend and approved an additional
share-repurchase program.
Bristol will pay a common-stock dividend of 54 cents a share on
Feb 1. That is a 10% increase above last year's quarterly dividend
of 49 cents a share.
The board of directors also approved the repurchase of an
additional $15 billion of stock. The approval raises Bristol's
share-repurchase authorization to $15.2 billion.
Write to Matt Grossman at matt.grossman@wsj.com
(END) Dow Jones Newswires
December 13, 2021 07:30 ET (12:30 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.
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