Apr
20
Genentech extends buyback program by $2 billion
Posted by Administrator under Genentech
Genentech (NYSE: DNA) announced a $2 billion extension of its current $6 billion stock repurchase program that is authorized through June 2008.
The board kept the program limited to a total of 100 million shares, of which, the company had completed the repurchase of 67 million shares through March 2007.
###
PAYOUT YIELD ANALYSIS
Because the purpose of the […]
