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Bristol Myers Squibb Buyback

OLI recorded this information on 12/7/2023

Company: Bristol Myers Squibb
Buyback: BMY buyback
$Amount Authorized: $5,000,000,000
Buyback Details: Bristol Myers Squibb (NYSE:BMY) today announced that on December 6, 2023, its Board of Directors authorized the repurchase of an additional $3 billion of the company's common stock under the company's multi-year share repurchase program. With this increase, the company's total outstanding share repurchase authorization is approximately $5 billion. The program enables management to execute repurchases at its discretion.

Bristol-Myers Squibb is engaged in the discovery, development, licensing, manufacturing, marketing, distribution and sale of biopharmaceutical products on a global basis. Co.'s pharmaceutical products include chemically-synthesized or small molecule drugs, products produced from biological processes, called biologics and chimeric antigen receptor T-cell therapies. Co.'s primary product includes Eliquis® - Eliquis (apixaban), which is an oral Factor Xa inhibitor indicated for the reduction in risk of stroke/systemic embolism in non-valvular atrial fibrillation and for the treatment of DVT/PE and reduction in risk of recurrence following initial therapy.

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Preferred: BMYMP


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Company Name:  Bristol Myers Squibb Co.
Stock buyback:  BMY buyback
Website:  www.bms.com
Sector:  Drugs & Pharmaceuticals
Number of ETFs Holding BMY:  125
Total Market Value Held by ETFs:  $11.71B
Total Market Capitalization:  $98.80B
% of Market Cap. Held by ETFs:  11.85%
 

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April 28, 2024    8:32 PM Eastern
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