Press Release
Abbott Announces New $5 Billion Share Repurchase Program
October 13, 2008
More information regarding Abbott's Investor Relations
resources:
Abbott Park, Illinois — Abbott's (NYSE: ABT)
board of directors has authorized the repurchase of up to $5 billion of the corporation's common stock.
The purchases may be made from time to time as market conditions warrant and
subject to regulatory considerations. The timing and amounts of any purchases
will be determined by the company's management. The share repurchase
authorization has no time limit and may be discontinued at any time.
About Abbott
Abbott (NYSE: ABT)
is a global, broad-based health care company devoted to the discovery,
development, manufacture and marketing of pharmaceuticals and medical products,
including nutritionals, devices and diagnostics. The company employs more than
68,000 people and markets its products in more than 130 countries.
Media:
Melissa Brotz
Scott Stoffel |
(847) 935-3456
(847) 936-9502 |
Financial Community:
Larry Peepo |
(847) 935-6722 |