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MNK Buyback image

Mallinckrodt plc Buyback

OLI recorded this information on 3/1/2017

Company: Mallinckrodt plc
Buyback: MNK buyback
$Amount Authorized: $1,000,000,000
Buyback Details: Mallinckrodt's Board of Directors authorized an incremental $1.0 billion repurchase of ordinary shares, reflecting the company's ongoing strong performance and future prospects. This authorization is in addition to prior authorizations approved by the Board, provides significant additional capacity to acquire shares within the company's capital allocation framework, and recognizes the company's commitments to all stakeholders. The share repurchase program is open-ended in time.

Mallinckrodt develops, manufactures, and markets pharmaceutical products and diagnostic imaging agents. Co. focuses on the manufacturing of pain management medications. Co provides its products to several wholesalers and retail drug store chains.
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MNK — Key Stats (updated Tue., May. 30, 10:32 AM)
Company Name:  Mallinckrodt Plc New
Stock buyback:  MNK buyback
Sector:  Drugs & Pharmaceuticals
 

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May 1, 2024  •  12:59 AM Eastern
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Sell (1.12 out of 4)
66th percentile
(ranked higher than approx. 66% of all stocks covered)
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