Amgen Inc. (AMGN) Message Board

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Biotech / Medical : Amgen Inc. (AMGN)

AMGN 345.46

+0.3%

Nov 28 9:30 AM EST

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To: DEER HUNTER who wrote (657)	10/27/1998 5:25:00 PM
From: DEER HUNTER	Read Replies (1) of 1906

Tuesday October 27, 4:53 pm Eastern Time Amgen sets $1 bln stock buyback THOUSAND OAKS, Calif., Oct 27 (Reuters) - Drug maker Amgen Inc said Tuesday its board of directors has approved a stock repurchase of up to $1 billion worth of its outstanding common stock. The company said in a statement that the purchases would be made until the end of 1999 and replaces a $1 billion buyback the company began in October 1997 and has now completed. At the end of September the company had about 265 million shares outstanding on a diluted basis. ------------------------------------------------------------------------ More Quotes and News:Amgen Inc (Nasdaq:AMGN - news)Related News Categories: health, US Market News

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