Friday, June 22, 2007

Medtronic ups dividend by 14 pct, to buy back more shares

(Reuters) - The dividend, a 14 percent increase over the last quarterly dividend, is payable on July 27 to shareholders of record at the close of business on July 6, the company said in a statement.



The increase in the share repurchase raises the total number of shares Medtronic is authorized to repurchase to about 60 million.


Read more at Reuters.com Mergers News

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