Please do not leave this page until complete. This can take a few moments.
IDEXX Laboratories, Inc. (Nasdaq: IDXX) on Wednesday said it has expanded its stock buyback program by offering to repurchase 5 million shares.
Those repurchases are in addition to 1.8 million shares remaining for buyback as of Feb. 7, the company said in a news release.
Repurchases can be made on the open market or in private sales. The share repurchase program has no specified expiration date, but can be discontinued at any time, the company noted.
On Jan. 31, IDEXX posted better-than-expected fourth-quarter results and raised its 2020 outlook for revenue and earnings.
The Westbrook-based provider of veterinary diagnostics and water testing reported revenues of $605.4 million, up 10% from a year earlier and beating an analysts' consensus forecast.
The company posted earnings per diluted share of $1.04 on a reported basis, representing 6% growth over a year ago. That was higher than the consensus forecast of 91 cents a share.
Late Thursday morning, shares of IDEXX were trading at around $284, up slightly from yesterday’s close of $283.28.
The Giving Guide helps nonprofits have the opportunity to showcase and differentiate their organizations so that businesses better understand how they can contribute to a nonprofit’s mission and work.
Learn MoreWork for ME is a workforce development tool to help Maine’s employers target Maine’s emerging workforce. Work for ME highlights each industry, its impact on Maine’s economy, the jobs available to entry-level workers, the training and education needed to get a career started.
Learn MoreFew people are adequately prepared for all the tasks involved in planning and providing care for aging family members. SeniorSmart provides an essential road map for navigating the process. This resource guide explores the myriad of care options and offers essential information on topics ranging from self-care to legal and financial preparedness.
Learn moreThe Giving Guide helps nonprofits have the opportunity to showcase and differentiate their organizations so that businesses better understand how they can contribute to a nonprofit’s mission and work.
Work for ME is a workforce development tool to help Maine’s employers target Maine’s emerging workforce. Work for ME highlights each industry, its impact on Maine’s economy, the jobs available to entry-level workers, the training and education needed to get a career started.
Few people are adequately prepared for all the tasks involved in planning and providing care for aging family members. SeniorSmart provides an essential road map for navigating the process. This resource guide explores the myriad of care options and offers essential information on topics ranging from self-care to legal and financial preparedness.
In order to use this feature, we need some information from you. You can also login or register for a free account.
By clicking submit you are agreeing to our cookie usage and Privacy Policy
Already have an account? Login
Already have an account? Login
Want to create an account? Register
In order to use this feature, we need some information from you. You can also login or register for a free account.
By clicking submit you are agreeing to our cookie usage and Privacy Policy
Already have an account? Login
Already have an account? Login
Want to create an account? Register
This website uses cookies to ensure you get the best experience on our website. Our privacy policy
To ensure the best experience on our website, articles cannot be read without allowing cookies. Please allow cookies to continue reading. Our privacy policy
0 Comments