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CooperCompanies boosts share repurchase program by $1 bln
2025-09-18 04:29
CooperCompanies (NASDAQ:COO) said its board has approved a $1 billion increase to its share repurchase program, bringing the total authorization to $2 billion.
- "This decision underscores the strength of our balance sheet and cash flow generation," CEO Al White, said in a statement; adding, "Returning capital to our shareholders through share repurchases—while continuing to invest and reduce debt—remains aligned with our disciplined capital allocation strategy and commitment to enhancing shareholder value."
- Repurchases may be made in the open market or through private transactions, subject to market conditions.
The program has no set end date and may be modified or terminated at any time.
- Source: Press Release
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