08.11.2016 15:01:46

Baxter Announces Expanded Share Repurchase Authorization - Quick Facts

(RTTNews) - Baxter International Inc. (BAX) announced its Board has approved a $1.5 billion increase in authorization for the company's existing share repurchase plan. The share repurchase plan, which was originally approved in July 2012, now has approximately $1.9 billion of repurchase authority under the amended plan.

The Board of Baxter has declared a quarterly cash dividend of $0.13 per common share, payable on January 3, 2017 to shareholders of record as of December 2, 2016. The indicated annual dividend rate is $0.52 per share.

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Baxter International Inc. 27,72 -1,88% Baxter International Inc.