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Biotech / Medical : PFE (Pfizer) How high will it go? -- Ignore unavailable to you. Want to Upgrade?

To: hilm who wrote (5697)	9/24/1998 1:31:00 PM
From: Anthony Wong	Respond to of 9523

Bloomberg: Pfizer Plans to Repurchase up to $5 Billion of Its Stock Bloomberg News September 24, 1998, 1:07 p.m. ET Pfizer Plans to Repurchase up to $5 Billion of Its Stock New York, Sept. 24 (Bloomberg) -- Pfizer Inc., the No.4 U.S. drugmaker, said it will buy back as much as $5 billion of its common shares for general corporate purposes. Pfizer said it expects to make purchases during the next two years in the open market or private transactions. Since 1991, New York-based Pfizer has completed four buybacks, repurchasing 186 million shares, adjusted for splits. It has spent $4.6 billion on the programs. --Christopher Elser in the Princeton newsroom (609) 279-4107/bab