Intuitive Surgical increases share repurchase program by additional $1B Intuitive Surgical announced that its board has authorized the company to repurchase an additional $1B of the company's outstanding common stock. The $1B repurchase authorization will be available after the company's internal trading window opens on April 23. With this authorization, the total amount available for share repurchases by the company is approximately $1.21B, which includes approximately $208M remaining from previous authorizations. The company expects to fund the repurchase program through cash and investments. As of December 31, the company had approximately $2.9B of cash, cash equivalents and investments.
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