Medtronic PLC MDT, -0.61% said late Friday its board authorized a new plan to buy back up to $6 billion in shares. Prior to the new plan, the medical device company said it has $1.
3 billion in share buyback authorization left in a $5 billion plan approved in June 2017. Shares of Medtronic ticked 1% higher in the extended session Friday, and are up 10% over the past 12 months, compared with a 0.2% gain in the S&P 500 index SPX, -0.21%
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