The Cooper Companies, Inc. Buyback
OLI recorded this information on 3/21/2017
Company:
The Cooper Companies, Inc.
Buyback:
COO buyback
$Amount Authorized:
$1,000,000,000
Buyback Details:
The Cooper Companies, Inc. (NYSE:COO) today announced its Board of Directors has approved a $500 million increase in the company's share repurchase program. The share repurchase program now totals $1 billion and has approximately $618.5 million of remaining availability with no expiration date.
The Cooper Companies is a global medical device company. Co.'s business units are CooperVision and CooperSurgical. CooperVision develops, manufactures and markets a range of single-use, two-week and monthly contact lenses. CooperVision also manufactures and markets myopia management and specialty eyecare products. CooperSurgical's business engages in the general health care market with a focus on improving the health of women, babies and families. Co.'s fertility portfolio includes medical device coverage of the in vitro fertilization cycle, egg and sperm donation, and cryopreservation. Co.'s office and surgical platform includes various medical devices used in gynecology and obstetrics.
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Buy (3.33 out of 4) 48th percentile
(ranked lower than approx. 52% of all stocks covered)
Analysts' Target Price: COO Stock Forecast Based on Zacks ABR data; powered by Xignite |