Join our community of traders FOR FREE!

  • Learn
  • Improve yourself
  • Get Rewards
Learn More
Home » Stock Market News » West Pharmaceutical Services authorizes share buyback program

West Pharmaceutical Services authorizes share buyback program

Written by Miroslav Marinov
Miroslav Marinov
Miroslav Marinov, a financial news editor at TradingPedia, is engaged with observing and reporting on the tendencies in the Foreign Exchange Market, as currently his focus is set on the major currencies of eight developed nations worldwide.
, | Updated:

West Pharmaceutical Services Inc (NYSE: WST) said on Friday that its Board of Directors had authorized a share buyback program of up to 550,000 shares of the company’s common stock.

Share repurchases will be conducted from time to time on the open market or in privately-negotiated transactions.

The share buyback program is expected to be completed by December 31st 2025, the company said in a SEC filing.

West Pharmaceutical’s previously authorized share repurchase program is to expire by December 31st 2024.

Stock Performance

The shares of West Pharmaceutical Services Inc (WST) closed 0.47% ($1.57) lower at $330.05 in New York on Friday, as they reversed a gain from the previous market session.

The company’s total market cap now stands at $23.903 billion.

The shares of West Pharmaceutical Services Inc (WST) went up 49.61% in 2023, compared with a 24.23% gain for the benchmark index, S&P 500 (SPX).

The company’s shares have retreated 6.27% so far this year.

TradingPedia.com is a financial media specialized in providing daily news and education covering Forex, equities and commodities. Our academies for traders cover Forex, Price Action and Social Trading.

Related News

  • Major Currency Pairs: Support and Resistance Levels for November 22nd 2016Major Currency Pairs: Support and Resistance Levels for November 22nd 2016 USD/CHFR1 – 1.0095 R2 – 1.0099 R3 (Range Resistance - Sell) – 1.0103 R4 (Long Breakout) – 1.0115 R5 (Breakout Target 1) - 1.0129 R6 (Breakout Target 2) - 1.0135S1 – 1.0087 S2 – 1.0083 S3 (Range Support - Buy) – 1.0079 S4 […]
  • PepsiCo Gains on Snack Discounts and Health Brand GrowthPepsiCo Gains on Snack Discounts and Health Brand Growth Key Moments: PepsiCo cut salty snack prices in the U.S. by up to 15% on brands including Lay’s and Doritos, helping North America foods volumes rise for the first time in a year. First-quarter revenue increased 8.5% to $19.44 […]
  • Apple shares close higher on Friday, tech giant to open new store in SingaporeApple shares close higher on Friday, tech giant to open new store in Singapore Apple Inc (AAPL) was poised to open its first store in Singapore on the city state’s prime Orchard Road shopping boulevard, Reuters reported. The tech company has already expanded its presence in the Asian Pacific area, with its retail […]
  • European stocks rebound from 5-day dropEuropean stocks rebound from 5-day drop European stocks rose, rebounding from almost whole week of losses, before reports of U.S. durable goods orders and sales of new homes for month of May. US futures also rose giving economy a hint of relieve after the substantial losses recent […]
  • CVS Health announces $0.665 quarterly dividendCVS Health announces $0.665 quarterly dividend CVS Health Corp (NYSE: CVS) said this week its Board of Directors had authorized a quarterly dividend of $0.665 per share on the company’s common stock.The dividend will be paid on May 1st to shareholders of record as of the close of […]
  • Apple’s new products, upcoming releases and iOS glitchesApple’s new products, upcoming releases and iOS glitches Apple is expected to release fourth-quarter earnings on Oct. 28. The company said last month, that it estimates sales "to be near the high end of the previously provided range of $34 billion to $37 billion, and expects gross margin to be near […]