Pfizer’s board approves $10 billion share buyback plan, declares regular dividend of 24 cents

By Associated Press, Updated: Thursday, June 27, 3:17 PM

NEW YORK — Pfizer’s board of directors has declared a 24 cent regular quarterly dividend and approved a new $10 billion share buyback program.
The New York drugmaker said Thursday that it will pay the dividend on Sept. 4 to shareholders of record on Aug. 2.

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In addition to the new share buyback plan, Pfizer also has clearance to buy $3.9 billion shares from an earlier buyback program.
Pfizer Inc. shares rose 8 cents to $28.18 in regular trading. The stock added 37 cents to $28.55 in extended trading.

http://www.washingtonpost.com/business/pfizers-board-approves-10-billion-share-buyback-plan-declares-regular-dividend-of-24-cents/2013/06/27/53059b44-df77-11e2-8cf3-35c1113cfcc5_story.html