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Quest Diagnostics increases buyback by $1 billion

Quest Diagnostics company, medical laboratory operator said Tuesday that its board of directors increased by $ 100 million share repurchase program.
This brings the total amount of its share repurchase program to $ 1.3 billion.
Quest Diagnostics Company will use its drug candidate ibrutinib right to repurchase shares of the net proceeds of sale of $ 30 billion, the company's CEO and President Steve Rusckowski said in a statement.
, Headquartered in Madison, New Jersey, the company's stock rose 21 cents to close at $ 58.76 on Tuesday. Shares were up nearly 2% boost buyback program announced in after-hours trading.
 



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