WALTHAM, Mass.--(BUSINESS WIRE)--Thermo Fisher Scientific Inc. (NYSE: TMO), the world leader in serving science, today announced that its board of directors declared a quarterly cash dividend of $0.15 per share. The dividend will be paid on October 17, 2016, to shareholders of record as of September 15, 2016.
The board also authorized the repurchase of $1.5 billion of shares of the company’s common stock in the open market or in negotiated transactions. The new repurchase authorization has no expiration date. The company’s previous repurchase authorization was completed in the first quarter of 2016.
About Thermo Fisher Scientific
Thermo Fisher Scientific Inc.
is the world leader in serving science, with revenues of $17 billion and
more than 50,000 employees in 50 countries. Our mission is to enable our
customers to make the world healthier, cleaner and safer. We help our
customers accelerate life sciences research, solve complex analytical
challenges, improve patient diagnostics and increase laboratory
productivity. Through our premier brands – Thermo Scientific, Applied
Biosystems, Invitrogen, Fisher Scientific and Unity Lab Services – we
offer an unmatched combination of innovative technologies, purchasing
convenience and comprehensive support. For more information, please
visit www.thermofisher.com.