Navigation Links
CVS Caremark Corporation Announces New Share Repurchase Authorization for up to $4 Billion of Common Stock
Date:8/24/2011

WOONSOCKET, R.I., Aug. 24, 2011 /PRNewswire/ -- CVS Caremark Corporation (NYSE: CVS) today 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.

(Logo: http://photos.prnewswire.com/prnh/20090226/NE75914LOGO)

The Company also stated that it intends to complete its $2 billion share repurchase program, authorized in June 2010, this year as expected.  In addition, the company intends to repurchase approximately $1 billion under the new authorization by the end of this year.

Dave Denton, executive vice president and chief financial officer of CVS Caremark, stated, "We're very pleased with the board's decision.  We believe it reflects their continued confidence in the future growth of CVS Caremark as well as an ongoing commitment to increase shareholder value."

Denton continued, "Over the next several years, we expect to generate significantly more free cash flow than what we've generated in the past several years.  We have a disciplined approach to capital allocation that encompasses investing in internal projects that meet our return hurdles and utilizing our remaining free cash flow to increase shareholder value through dividends and share repurchases. We intend to continue to review our dividend annually and to do share repurchases that are value enhancing."

There can be no assurance as to the amount, timing or prices of repurchases. The specific timing and amount of repurcha
'/>"/>

SOURCE CVS Caremark Corporation
Copyright©2010 PR Newswire.
All rights reserved

Page: 1 2 3

Related medicine technology :

1. CVS Caremark Study Finds Non-Adherent Heart Failure Patients Almost Twice as Likely to be Re-Hospitalized Within a Year
2. CVS Caremark Data Confirms Improved Outcomes for Women with Osteoporosis Who are Adherent to Therapy
3. CVS Caremark Launches Distribution of $3 million in Free Seasonal Flu Shot Vouchers to the Unemployed
4. CVS Caremark Celebrates Outstanding Pharmacy Care to Patients During American Pharmacists Month in October
5. CVS Caremark Undertakes Multi-Year Study to Improve Patient Medication Adherence
6. CVS Caremark Announces Updates to Flu Vaccine Program
7. CVS Caremarks MinuteClinic and Allina Hospitals & Clinics Form Strategic Partnership
8. CVS Caremark Corporation Increases Quarterly Dividend 15%
9. CVS Caremarks MinuteClinic Becomes First Retail Clinic Provider to Achieve Consecutive Accreditation Awards From The Joint Commission
10. CVS Caremark Names New Chief Human Resources Officer
11. CVS Caremark Corporation Announces Quarterly Dividend
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:8/3/2015)... 2015  BioElectronics Corporation (OTC Pink: BIEL), maker of ... Andrew J. Whelan , President will be interviewed ... Business" at 9am EDT on Wednesday, August 5 th ... http://tunein.com/radio/Money-Matters-Boston-1120-s27548/ Mr. ... the company,s flagship product, ActiPatch Therapy, is achieving in ...
(Date:8/3/2015)... Aug. 3, 2015  CytomX, a biopharmaceutical company ... today announced the promotion of several members of ... , who previously served as vice president of ... to senior vice president of corporate development and ... positions as the vice president of business development ...
(Date:8/3/2015)... , Aug. 3, 2015 Immune Pharmaceuticals, ... CEO, Dr. Daniel Teper , will present live ... August 6, 2015 TIME:   11:30AM EDT LINK:    ... live, interactive online event where investors are invited to ... the presentation hall as well as the association,s "virtual ...
Breaking Medicine Technology:UpTick News Wire Radio Show Will Interview BioElectronics' CEO Andrew Whelan 2CytomX Announces Management Team Promotions 2CytomX Announces Management Team Promotions 3Immune Pharmaceuticals to Webcast Live at VirtualInvestorConferences.com August 6 2
... Feb. 19, 2011 Genoptix, Inc. (Nasdaq: ... a memorandum of understanding ("MOU") providing for the settlement ... the Superior Court of the State of California, San ... Genoptix, Inc., Case No. 37-2011-00050762-CU-BT-NC, (2) Schwitters v. Genoptix, ...
... 18, 2011 TLC Vision announced today its plans for ... in San Diego.  Internationally recognized as leaders in field of ... Tanzer MD will lend their surgical skill and expertise to ... center will continue to be at the forefront of working ...
Cached Medicine Technology:Genoptix Enters Into Memorandum of Understanding Related to Class Action Lawsuits 2Genoptix Enters Into Memorandum of Understanding Related to Class Action Lawsuits 3Genoptix Enters Into Memorandum of Understanding Related to Class Action Lawsuits 4Genoptix Enters Into Memorandum of Understanding Related to Class Action Lawsuits 5Genoptix Enters Into Memorandum of Understanding Related to Class Action Lawsuits 6Genoptix Enters Into Memorandum of Understanding Related to Class Action Lawsuits 7Genoptix Enters Into Memorandum of Understanding Related to Class Action Lawsuits 8Genoptix Enters Into Memorandum of Understanding Related to Class Action Lawsuits 9Genoptix Enters Into Memorandum of Understanding Related to Class Action Lawsuits 10Genoptix Enters Into Memorandum of Understanding Related to Class Action Lawsuits 11TLC Vision Announces TLC Laser Eye Center San Diego 2
(Date:8/4/2015)... ... 04, 2015 , ... Mr Didier Cauchois, CIO of information ... , Mr Cauchois attributes the success to the dedication from the team ... healthcare technology offered by Winscribe's platform. , "We have already begun to ...
(Date:8/4/2015)... ... August 04, 2015 , ... ... make the Isabel Symptom Checker available to all users of the KHIN personal ... check their symptoms in an easy, intuitive method, provides access to material on ...
(Date:8/3/2015)... ... August 04, 2015 , ... Approved provider of ... up of live courses for the month of August. , Physical therapy professionals ... or by purchasing a Physical Therapy Flex package. Flex packages allow therapists to ...
(Date:8/3/2015)... ... ... the most affordable web design and SEO services for start up companies. Every start ... Every company that is starting out needs to be online in this technology advanced ... start up need to be online, they need to physically be present and visible online. ...
(Date:8/3/2015)... , ... August 03, 2015 , ... sweetFrog Enterprises, LLC. ... location is the 20th sweetFrog store operating in the Lone Star State. The premium ... growing companies in 2014. , The store, located at 2916 US-75, Sherman, TX 38652, ...
Breaking Medicine News(10 mins):Health News:The Oscar Lambret Center (France) Completes First Stage Of Winscribe Text Rollout 2Health News:The Oscar Lambret Center (France) Completes First Stage Of Winscribe Text Rollout 3Health News:The Oscar Lambret Center (France) Completes First Stage Of Winscribe Text Rollout 4Health News:Isabel Healthcare Partners with the Kansas Health Information Network, Inc. to Deploy Isabel Symptom Checker within the MyKSHealth eRecord Personal Health Record 2Health News:Isabel Healthcare Partners with the Kansas Health Information Network, Inc. to Deploy Isabel Symptom Checker within the MyKSHealth eRecord Personal Health Record 3Health News:Elite Online CE Provider Announces Schedule of Live Courses For Florida Physical Therapy Continuing Education 2Health News:Elite Online CE Provider Announces Schedule of Live Courses For Florida Physical Therapy Continuing Education 3Health News:Web SEO Master, a division of SH Web Design & SH Web Commerce, Inc. begins offering Web Design and SEO Services for Start Up Companies located in Indianapolis, Indiana 2Health News:Web SEO Master, a division of SH Web Design & SH Web Commerce, Inc. begins offering Web Design and SEO Services for Start Up Companies located in Indianapolis, Indiana 3Health News:sweetFrog Reopens Texas Store Today 2
... CryoSat-2 Earth Explorer satellite has completed its journey to the ... for launch on 25 February. The satellite and support ... lorry on 12 January. The CryoSat mission is dedicated to ... ice floating in the polar oceans and variations in the ...
... could aid detection and diagnosis of major neurological diseases such ... according to new research by UCL scientists. The research, ... today in Cell Death & Disease , demonstrates a ... to be directly measured in real time. The method, demonstrated ...
... , , PARIS ... (AMP),has received a three-year grant of $4.9 million from ... prevention and control,in Africa . , ... core,members of the consortium, which will include several other leading health,organizations ...
... ... has acquired the assets of JDF Installation Logistics, one of the industry’s leading hospitality ... Kevin Hart and is headquartered in Chicago with strategic operations offices in Dallas and ... Chicago, ...
... ... stresses importance of greater awareness of brain injuries and serious lifelong implications for victims ... San Francisco, ... Year,s Day, in which top-ranked American snowboarder Kevin Pearce suffered a severe brain injury ...
... ... Wave of H1N1 Flu for Only $15 and No Waiting in Long Lines -- National ... ... operator of occupational health and urgent care centers in the nation, today announced that they ...
Cached Medicine News:Health News:ESA's ice mission arrives safely at launch site 2Health News:Seeing a diagnosis: How an eye test could aid Alzheimer's detection 2Health News:AMP Receives Grant From the Bill & Melinda Gates Foundation to Support Cholera Surveillance in Africa 2Health News:AMP Receives Grant From the Bill & Melinda Gates Foundation to Support Cholera Surveillance in Africa 3Health News:JK Logistical Operations Acquires JDL Installation Logistics 2Health News:Snowboarding Accident Provides Tragic Reminder of Serious Risk of Brain Injuries in Athletic and Occupational Environments 2Health News:U.S. HealthWorks in Spokane is Offering $15 H1N1 Vaccinations for Both Walk-Ins and On-Site 2
Open 14 mm blades with 6 mm lifting wings. Dull finish....
Solid 14 mm blades. Dull finish....
Angled upward 45 degrees for temporal approach. Open 14 mm blades....
Pediatric model. Blades: 10 mm. Solid blades with locking mechanism. Dull finish....
Medicine Products: