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CareFusion Announces $500 Million Share Repurchase Program
Date:2/10/2012

SAN DIEGO, Feb. 10, 2012 /PRNewswire/ -- CareFusion Corp. (NYSE: CFN), a leading, global medical technology company, today announced that its board of directors authorized the repurchase of up to $500 million of the company's common stock.

(Logo:  http://photos.prnewswire.com/prnh/20100706/CAREFUSIONLOGO)

"This share repurchase program reflects our confidence in CareFusion's growth potential and our commitment to increasing shareholder value," said Kieran Gallahue, chairman and CEO. "With our strong balance sheet and cash flow generation, we also remain committed to making disciplined, strategic investments for growth that will maximize value for our shareholders over the long term." 

The program authorizes the company to repurchase shares of its common stock through open market and private transactions. The size and timing of any purchases are at the discretion of management, based on factors such as price, business and market conditions. The share repurchase program is expected to continue through December 2013.

This is the first share repurchase program for CareFusion, which spun off from Cardinal Health and began operating as a separate publicly traded company in September 2009. The company had approximately 227 million shares of common stock outstanding as of Dec. 31, 2011.

About CareFusion Corporation

CareFusion (NYSE: CFN) is a global corporation serving the health care industry with products and services that help hospitals measurably improve the safety and quality of care. The company develops market-leading technologies including Alaris® infusion pumps, Pyxis® automated dispensing and patient identification sy
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SOURCE CareFusion Corp.
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