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Zimmer Holdings board OKs $1 billion buyback program

from The Associated Press via San Antonio Express-News

Orthopedic device maker Zimmer Holdings Inc.'s board of directors has authorized a new share repurchase plan of up to $1 billion effective Jan. 1. Zimmer makes orthopedic reconstructive, spinal and trauma devices, dental implants and related surgical products. It had about 171 million shares outstanding as of Oct. 25. more

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