Novartis has formally launched its new share buyback programme where it could spend up to 10 billion Swiss francs ($10.90 billion) repurchasing its shares over the next three years.
The logo of Swiss drugmaker Novartis is pictured at the French company's headquarters in Rueil-Malmaison near Paris, France, April 22, 2020. REUTERS/Charles Platiau/has formally launched its new share buyback programme where it could spend up to 10 billion Swiss francs repurchasing its shares over the next three years.
Capital reductions of the registered shares repurchased under the scheme will be proposed at future AGMs, Novartis said.
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