McKesson initiates stock repurchase

AuntMinnie.com staff writers
Dec 5, 2005

The board of directors of healthcare informatics firm McKesson of Atlanta has authorized the repurchase of $250 million of the company's shares of common stock in open market or private transactions.

The board's authorization follows a previous $250 million share repurchase program authorized in August this year, which has approximately $4 million remaining, according to the firm. As of the end of September 2005, McKesson said that it had approximately 308 million shares outstanding, and that cash totaled $3 billion.

By AuntMinnie.com staff writers
December 6, 2005

Related Reading

McKesson launches Horizon Optical Imaging, December 1, 2005

McKesson signs EHR deal, November 30, 2005

Road to RSNA, McKesson Provider Technologies - Medical Imaging Group, November 18, 2005

Road to RSNA, McKesson Provider Technologies - Medical Imaging Group, November 14, 2005

McKesson hits milestone, September 19, 2005

Copyright © 2005 AuntMinnie.com

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