Markets

U.S. open in 27 hrs, 20 mins

DJIA

10,464.40

30.69

0.29%

NASDAQ

2,176.05

6.87

0.32%

S&P 500

1,110.63

4.98

0.45%

10yr Note

100.844

0.25

0.25%

FTSE 100

5,264.97

-99.84

1.86%

Nikkei 225

9,383.24

-58.40

0.62%

Hang Seng

22,210.41

-401.39

1.78%

Euro (in USD)

1.514

0.0172

1.15%

Yen (per USD)

87.31

-1.20

1.36%

Gold (Dec)

1,185.50

-1.50

0.13%

Oil (Jan)

77.21

-0.75

0.96%

BUSINESS NEWS

INVESTING

PERSONAL FINANCE AT WALLETPOP

SMALL BUSINESS

ICU Medical board increases stock buyback program

posted: 36 DAYS 16 HOURS AGO

Text SizeAAA

SAN CLEMENTE, Calif. -Medical products maker ICU Medical Inc. said Tuesday its board of directors added $15 million to the company's stock buyback plan.

The company is now authorized to buy back up to $55 million in stock. The program was initiated July 18 with authorizations for up to $40 million in stock buybacks.

The company said it has the ability and intends to buy back up to about $43.5 million of its common stock in the open market.

As of Oct. 19, it has about 14.8 million shares of common stock outstanding.

Shares of ICU Medical rose $2.70, or 7.5 percent, to $38.49 in afternoon trading. The stock has traded between $25.33 and $44.06 over the last 52 weeks.

2009-10-20 14:42:23

COMMENTS ( 0 )

Newest First