The Online Investor
COV Buyback image

Covidien plc Buyback

OLI recorded this information on 3/21/2013

Company: Covidien plc
Buyback: COV buyback
$Amount Authorized: $3,000,000,000
Buyback Details: Covidien plc announced that its Board of Directors has authorized a new program to purchase up to $3 billion of the Company's ordinary shares from time to time, based on market conditions. This program is in addition to the $2.0 billion share repurchase program announced in August 2011, which currently has approximately $425 million remaining.

Covidien is engaged in the development, manufacture and sale of healthcare products for use in clinical and home settings. Co.'s reportable segments are as follows: Medical Devices, which includes the sales of advanced and general surgical solutions, peripheral vascular and neurovascular therapies, patient monitoring products, and airway and ventilation products; and U.S. Medical Supplies, which includes the sale of nursing care products, medical surgical, SharpSafety™ and original equipment manufacturer products. Co.'s medical devices are used primarily by hospitals and ambulatory care centers, as well as alternate site healthcare providers, such as physician offices.
Open the COV Page at The Online Investor »

Company Name: 
Covidien Plc
Stock buyback: 
COV buyback
Medical Instruments & Supplies

Open the COV Page at The Online Investor (in a new window) »

Quotes delayed 20 minutes

Buy (2.60 out of 4)
71st percentile
(ranked higher than approx. 71% of all stocks covered)
Based on Zacks ABR data;
powered by Xignite

COV Buyback Page |

Copyright © 1998 - 2020, All Rights Reserved
Nothing in The Online Investor is intended to be investment advice, nor does it represent the opinion of, counsel from, or recommendations by BNK Invest Inc. or any of its affiliates, subsidiaries or partners. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. By visiting, using or viewing this site, you agree to the following Full Disclaimer & Terms of Use and Privacy Policy. Video widget and stock market videos powered by Market News Video. Quote data delayed at least 20 minutes; data powered by Ticker Technologies, and Mergent. Contact The Online Investor; Meet Our Editorial Staff.