Merck Announces New $10 Billion Share Repurchase Program

Dateline City:

KENILWORTH, N.J.

KENILWORTH, N.J.--(BUSINESS WIRE)--Merck (NYSE:MRK), known as MSD outside the United States and Canada,
today announced that its board of directors has authorized additional
purchases of up to $10 billion of Merck’s common stock for its treasury.
The treasury stock purchase has no time limit and will be made over time
in open-market transactions, block transactions on or off an exchange,
or in privately negotiated transactions.

Language:

English

Contact:

MerckMedia:Lainie Keller, 908-236-5036or Steve Cragle, 908-740-1801orInvestor:Joseph Romanelli, 908-740-1986or Justin Holko, 908-740-1879

Ticker Slug:

Ticker: MRK Exchange: NYSE

read more

Source: Merck.com - Corporate News - March 24, 2015 Category: Pharmaceuticals Tags: Corporate News Financial News Latest News Source Type: news