Intuitive Surgical, Inc. Buyback
OLI recorded this information on 12/13/2016
Company:
Intuitive Surgical, Inc.
Buyback:
ISRG buyback
$Amount Authorized:
$3,000,000,000
Buyback Details:
Intuitive Surgical, Inc. (Nasdaq:ISRG), the industry leader in robotic-assisted surgery, today announced that its Board of Directors has increased the authorized amount available under the Company's share repurchase program to $3.0 billion.
Intuitive Surgical develops, manufactures, and markets the da Vinci® Surgical System and the Ion® endoluminal system. The systems consist of a surgeon console or consoles, a patient-side cart, a vision system, and proprietary instruments and accessories. Co.'s technology is designed to provide surgeons with a range of articulation of the surgical instruments used in the surgical field analogous to the motions of a human wrist, while filtering out the tremor inherent in a surgeon's hand. Co.'s platform for robotic-assisted surgery, da Vinci Surgical System, allows surgeons to operate while seated at a ergonomic console viewing a three-dimensional, high definition image of the surgical field.
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Buy (3.27 out of 4) 100th percentile
(ranked higher than approx. 100% of all stocks covered)
Analysts' Target Price: ISRG Stock Forecast Based on Zacks ABR data; powered by Xignite |