Orthopedic device maker Zimmer Holdings Inc.'s board of directors has authorized a new share repurchase plan of up to $1 billion effective Jan. 1.
December 16, 2013 at 08:00 AM
1 minute read
Orthopedic device maker Zimmer Holdings Inc.’s board of directors has authorized a new share repurchase plan of up to $1 billion effective Jan. 1.
The Warsaw, Ind., company said Monday that buybacks under the new program will be made in the open market or privately negotiated transactions. It also said no further repurchases will be made after the end of this year under an existing repurchase program that was authorized through Dec. 31, 2014.
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