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Johnson & Johnson to buy back shares

Jul. 21, 2014 5:26 PM ETJohnson & Johnson (JNJ) StockBy: Douglas W. House, SA News Editor15 Comments
  • The BOD of J & J (NYSE:JNJ -0.5%) authorizes the repurchase of up to $5B of the company's common stock. Shares will be bought at management's discretion on the open market or via privately negotiated transactions. There is no time limit for the program.
  • Reacquired shares will be used for general corporate purposes.

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