CVS/Caremark approves $5B stock buyback

WOONSOCKET – The board of directors of CVS/Caremark Corp. (NYSE: CVS) today approved the repurchase of up to $5 billion in outstanding common stock. The company said the buyback authorization allows it to acquire the shares from time to time via open-market purchases, private transactions and/or accelerated share repurchases. “We expect to repurchase shares as…

Want More?

Subscribe or register with Providence Business News to keep reading.

for 2 more stories

Subscribe now for $1 for 4 weeks
Already a Subscriber? Login now

Purchase NowWant to share this story? Click Here to purchase a link that allows anyone to read it on any device whether or not they are a subscriber.

- Advertisement -