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Bristol Myers Squibb announces $5 billion accelerated share buyback program

Bristol Myers Squibb announces $5 billion accelerated share buyback program

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Bristol Myers Squibb BMY, -0.45% said Wednesday it has entered a $5 billion accelerated share buyback program with Morgan Stanley, Barclays Bank, Citibank and JP Morgan. The deal is part of the drug company’s $15 billion share buyback program and it will have about $10.2 billion remaining in the authorization once the accelerated deal closes.

...read full article on Market Watch

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