Johnson & Johnson (NYSE: JNJ) Stock Buyback Tops $10 Billion

Drugmaker Johnson & Johnson (NYSE: JNJ) announced a $10 billion stock buyback program today (Tuesday) amid a mixed Q3 earnings report. The $10 billion JNJ stock buyback represents about 3.7% of the company's outstanding shares. Johnson & Johnson said on Tuesday it had 2.77 billion shares outstanding as of Sept. 27. Here's what investors need to know about the deal... Tags: JNJ , JNJ earnings , JNJ share buyback , JNJ stock , JNJ stock buyback , JNJ Stock Price , Johnson & Johnson , Johnson & Johnson earnings , Johnson & Johnson stock , Johnson and Johnson stock price , nyse: jnj To get full access to all Money Morning content, click here About Money Morning: Money Morning gives you access to a team of ten market experts with more than 250 years of combined investing experience – for free . Our experts – who have appeared on FOXBusiness, CNBC, NPR, and BloombergTV – deliver daily investing tips and stock picks, provide analysis with actions to take, and answer your biggest market questions. Our goal is to help our millions of e-newsletter subscribers and Moneymorning.com visitors become smarter, more confident investors. Disclaimer: © 2015 Money Morning and Money Map Press. All Rights Reserved. Protected by copyright of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including the world wide web), of content from this webpage, in whole or in part, is strictly prohibited without the express written permission of Money Morning. 16 W. Madison St. Baltimore, MD, 21201. The post Johnson & Johnson (NYSE: JNJ) Stock Buyback Tops $10 Billion appeared first on Money Morning - We Make Investing Profitable .
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