Stock BuybacksBy The Online Investor Staff, updated Fri., Feb. 22, 2:44 AM
|This Slide: #3 of 25|
Slide #3. West Pharmaceutical Services, Inc.
West Pharmaceutical Services, Inc. (NYSE:WST)
Share Amount Authorized:
West Pharmaceutical Services, Inc. (NYSE: WST) today announced that the Company's Board of Directors has approved a second-quarter 2019 dividend of $0.15 per share. The dividend will be paid on May 1, 2019, to shareholders of record as of April 17, 2019. The Company also announced a share repurchase program authorizing the repurchase of up to 800,000 shares of the Company's common stock from time to time on the open market or in privately-negotiated transactions as permitted under Securities Exchange Act of 1934 Rule 10b-18. The number of shares to be repurchased and the timing of such transactions will depend on a variety of factors, including market conditions. The share repurchase program is expected to be completed by December 31, 2019. The Company's previously-authorized share repurchase program expired on December 31, 2018.
West Pharmaceutical Services is a manufacturer of packaging components and delivery systems for injectable drugs and healthcare products. Co.'s products include vial containment solutions, prefillable systems, self-injection platforms, cartridge systems and components, reconstitution and transfer systems, intradermal delivery solutions, specialty components, and contract manufacturing and analytical services. Proprietary Products segment provides proprietary packaging, containment and drug delivery products. Contract-Manufactured Products segment includes a variety of custom contract-manufacturing and assembly solutions.
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Buy (2.75 out of 4)
(ranked lower than approx. 76% of all stocks covered)
Based on Zacks ABR data;
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