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Pfizer shares rise on $11B buyback program
USA Today

Shares of Pfizer (PFE) rose 50 cents, 1.8% to $29.10 in after-hours trading Thursday on news that the pharmaceutical giant has authorized a new $11 billion share buyback program to its existing share repurchase program

There was $1.3 billion remaining in an earlier announced $5 billion repurchase program, the company, which has a market share of $181 billion, said in a news release. Pfizer said the new program would be completed “over time.”

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