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Stock Market & Financial Investment News

News Breaks
May 2, 2014
08:10 EDTISRGIntuitive Surgical announces accelerated share repurchase
Intuitive Surgical announced that it has entered into an accelerated share repurchase program with Goldman Sachs pursuant to which Intuitive Surgical will repurchase $1B of its common stock from Goldman. The company anticipates that a majority of the shares repurchased under the ASR Program will be received and retired within two weeks. The remaining shares, if any, under the program will be received and retired in early November, although they could be received earlier if the ASR Program is ended sooner. The company had $1B remaining under board authorized repurchases prior to this ASR Program. Additional repurchases by the company will require additional board authorizations. The company expects to fund the ASR Program through cash and investments. As of March 31, the company had approximately $3B of cash, cash equivalents and investments.
News For ISRG From The Last 14 Days
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April 16, 2015
12:41 EDTISRGIntuitive Surgical volatility elevated into Q1 and outlook
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07:38 EDTISRGJefferies positive on Intuitive Surgical ahead of Q1 results
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April 11, 2015
14:20 EDTISRGWilliam Blair diagnostic services analyst holds analyst/industry conference call
Analysts, along with Dr. Todd Cohen, provide an industry update on an Analyst/Industry conference call to be held on April 16 at 3 pm.

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