Intuitive Surgical Announces Increase in Share Repurchase Authorization

Intuitive Surgical (NASDAQ: ISRG) announced that its board of directors has authorized the Company to repurchase an additional $500 million of the Company's outstanding common stock. With this authorization, the total amount available for share repurchases by the Company is $568.2 million, which includes $68.2 million remaining from the previous authorization in February 2011.