Henry Schein adds $400 million to share buyback program
Henry Schein Inc. said Wednesday it has added $400 million to its share buyback program, adding to a $400 million program announced in Dec. 2015, which currently has about $29 million remaining. The maker of health products for dental, animal health and medical practitioners, said it had about 82 million shares outstanding as of July 27. Shares rose slightly premarket, but are down 3% in the year so far, while the S&P 500 has gained 4.5%.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.