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J&J announces $5 billion share repurchase plan

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Reuters
Last Updated : Dec 18 2018 | 3:30 AM IST

(Reuters) - Johnson & Johnson on Monday announced a share repurchase of up to $5 billion of its common stock. The repurchase plan has no time limit and may be suspended for periods or discontinued at any time, the company said in a statement.

(Reporting by Aakash Jagadeesh Babu in Bengaluru; Editing by James Emmanuel)

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First Published: Dec 18 2018 | 3:17 AM IST

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