Local Tech Wire
BURLINGTON, N.C. – Laboratory Corporation of America (NYSE: LH) is going on another stock buyback spree.
The Burlington-based company said after the markets closed Monday that it would repurchase $250 million of its share “from time-to-time.”
recently completed a $500 million share repurchase plan, having bought back $95.2 million in the second quarter of this year.
LabCorp shares closed at $67.74 Monday.