Bio-Rad Laboratories, Inc. Buyback
OLI recorded this information on 11/28/2017
Company:
Bio-Rad Laboratories, Inc.
Buyback:
BIO buyback
$Amount Authorized:
$250,000,000
Buyback Details:
Bio-Rad Laboratories, Inc. (NYSE:BIOandBIOb), a global provider of life science research and clinical diagnostic products, today announced that its board of directors has authorized a new share repurchase program, granting the Company authority to repurchase, on a discretionary basis, up to $250 million of the outstanding shares of the Company's common stock.
Bio-Rad Laboratories is a manufacturer and distributor of its own life science research and clinical diagnostics products. Co. manufactures and supplies the life science research, healthcare, analytical chemistry and other markets with a range of products and systems used to separate chemical and biological materials and to identify, analyze and purify their components. Co. operates in two segments: Life Science, which develops, manufactures and markets a portfolio of various products; and Clinical Diagnostics, which designs, manufactures, markets and supports test systems, informatics systems, test kits and quality controls that serve clinical laboratories in the diagnostics market.
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Buy (3.25 out of 4) 100th percentile
(ranked higher than approx. 100% of all stocks covered)
Analysts' Target Price: BIO Stock Forecast Based on Zacks ABR data; powered by Xignite |