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BRIEF-Johnson & Johnson Announces $5 Billion Share Repurchase Program

BRIEF-Johnson & Johnson Announces $5 Billion Share Repurchase Program

Reuters · 09/14/2022 06:31
BRIEF-Johnson & Johnson Announces $5 Billion Share Repurchase Program

- Johnson & Johnson JNJ.N:

  • ANNOUNCES $5 BILLION SHARE REPURCHASE PROGRAM

  • J&J - REAFFIRMS ITS FULL-YEAR 2022 ADJUSTED OPERATIONAL SALES GROWTH AND EARNINGS PER SHARE GUIDANCE OF 6.5% - 7.5% AND $10.65 TO $10.75 PER SHARE, RESPECTIVELY

  • J&J - COMPANY DOES NOT EXPECT TO INCUR DEBT TO FUND SHARE REPURCHASE PROGRAM

  • FY2022 EARNINGS PER SHARE VIEW $10.07, REVENUE VIEW $95.14 BILLION -- REFINITIV IBES DATA

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Further company coverage: JNJ.N


((Reuters.Briefs@thomsonreuters.com;))