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Henry Schein Announces $750 Million Share Repurchase Plan

1. HSIC announces a $750 million share repurchase, boosting investor confidence. 2. The new repurchase plan adds to an existing $500 million program, enhancing shareholder value.

Shares Buyback
-0.35%Current Return
VS
+0.29%S&P 500
$67.6509/09 05:32 PM EDTEvent Start
$67.4109/11 12:00 AM EDTLatest Updated
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FAQ

Why Bullish?

Share buybacks typically signal strong financial health and boost stock prices. Historical instances show that companies announcing repurchase programs often see positive stock movement.

How important is it?

The announcement of a large share repurchase indicates favorable company fundamentals, which tends to enhance investor sentiment and potentially increases share price in the short term.

Why Short Term?

The immediate impact of share buyback announcements usually translates into quick investor reactions. Similar past announcements reflect rapid positive shifts in price.

Related Companies

PMDCADX
MELVILLE, N.Y.--(BUSINESS WIRE)--Henry Schein, Inc. (Nasdaq: HSIC), the world's largest provider of health care products and services to office-based dental and medical practitioners, announced today that its Board of Directors has authorized the repurchase of up to $750 million of shares of the Company's common stock. This program is in addition to the $500 million repurchase program announced in January 2025, which is anticipated to be fully executed by the end of the first quarter of 2026. T.

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