NEW YORK, June 22 (GenomeWeb News) - Agilent Technologies has completed its $4.5 billion stock repurchase program ahead of schedule, the company said today.
Agilent acquired approximately 125 million shares of its common stock under the program. Agilent expects to report approximately 430 million average shares outstanding on a fully diluted basis during its third quarter ending July 30.
Agilent's board of directors authorized the buyback program on Aug. 15, 2005, along with the sale of its semiconductor-related business. The buyback was projected to complete by the end of this year.