(Bloomberg) -- Johnson & Johnson and ConocoPhillips
today announced plans to repurchase a combined $25 billion of
stock, adding to this year's record pace of U.S. share buybacks.
J&J, the world's largest maker of health-care products, will
use a combination of cash and debt to fund a $10 billion
repurchase program, the company's largest. ConocoPhillips, the
third-biggest U.S. oil producer, plans to buy back as much as $15
billion of its shares.
Read more at Bloomberg Stocks News
today announced plans to repurchase a combined $25 billion of
stock, adding to this year's record pace of U.S. share buybacks.
J&J, the world's largest maker of health-care products, will
use a combination of cash and debt to fund a $10 billion
repurchase program, the company's largest. ConocoPhillips, the
third-biggest U.S. oil producer, plans to buy back as much as $15
billion of its shares.
Read more at Bloomberg Stocks News
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