StocksMedium•5 November 2026•
1 min read
Thermo Fisher Scientific Authorizes New $5 Billion Share Repurchase Program
Key Facts
1Thermo Fisher Scientific's Board of Directors authorized the repurchase of up to $5 billion of its common stock.
2The new authorization replaces the existing program, which had $1 billion remaining.
Thermo Fisher Scientific's Board of Directors authorized the repurchase of up to $5 billion of its common stock. Business Wire reported that the new authorization has no expiration date and replaces the existing program, which had $1 billion remaining.
TMO closed at $706.16 on November 4, 2026, with the stock reaching a day high of $712.17 and a low of $691.96 during that session. The new program aims to return capital to shareholders by effectively increasing the total buyback capacity by $4 billion over the previous remaining balance.