Dateline City:
WHITEHOUSE STATION, N.J.
WHITEHOUSE STATION, N.J.--(BUSINESS WIRE)--Merck (NYSE: MRK), known as MSD outside the United States and Canada,
today announced that it has entered into an accelerated share repurchase
agreement (ASR) with Goldman, Sachs & Co. to repurchase $5 billion of
Mercks common stock. Proceeds from the companys recently
concluded debt offering were used to execute the ASR, which is part
of Mercks previously announced $15
billion share repurchase program.
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English
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MerckMedia Contact:Steven Cragle, 908-423-3461orInvestor Contact:Carol Ferguson, 908-423-5185
Ticker Slug:
Ticker: MRK Exchange: NYSE
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