12:00 AM
 | 
May 28, 2007
 |  BioCentury  |  Finance

Amgen's balance sheet shuffle

Amgen's balance sheet shuffle

Last week, Amgen (AMGN) sold $4 billion in notes, saying it plans to use $3 billion of the proceeds to buy back shares. In December 2006, the company's board authorized the repurchase of up to $5 billion worth of shares. At the end of December, with a share price of $68.31, AMGN could have...

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