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9/23, 10:15 PM (Source: TeleTrader)
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Thermo Fisher authorizes $3B share buyback

Thermo Fisher Scientific Inc. announced on Thursday its board authorized the repurchase of $3 billion of its shares.

The new program replaces the existing one, of which $500 million was remaining, the company said. The authorization has no expiration date.

Thermo previously reported it expects a 12% increase in revenue in 2022 at $40.3 billion and earnings per share for the same period at $21.2.

Breaking the News / MD