CVS Caremark Corporation (NYSE:CVS) announced that its board of directors has approved a new share repurchase program for up to $4.0 billion of the company's outstanding common stock. The share repurchase authorization, which is effective immediately, permits the company to effect the repurchases from time to time through a combination of open market repurchases, privately negotiated transactions, accelerated share repurchase transactions, and/or other derivative transactions.
CVS Caremark Corporation operates as a pharmacy services company in the United States.
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August 25th, 2011 at 09:49 am