MDS to buy back shares in Dutch auction
Published February 26th, 2007
MDS Inc. said on Monday it would buy back up to 16 percent of its outstanding shares to raise about C$500 million.
The life sciences company expects to repurchase up to 16.5 percent of its common shares at between C$21 to C$23.50 per share through a Dutch auction bid which expires April 5.
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