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Cardinal Health Will Buy Back Up to $750M Shares

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Cardinal Health today announced that its board of directors approved a cash dividend of $0.2375 per share payable on Oct. 15, 2012 to shareholders of record on Oct. 1, 2012.  This is the 112^th consecutive regular quarterly dividend.

The board of directors also approved a new, three-year authorization to repurchase up to $750 million of Cardinal Health common shares.  This replaces the $750 million authorization approved in November 2010, of which $200 million remained.  The new share repurchase authorization is effective immediately and expires Aug. 31, 2015.

Posted-In: News Buybacks

 

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