Printer Friendly

CAREMARK ANNOUNCES STOCK PURCHASE PLAN

 NORTHBROOK, Ill., July 27 /PRNewswire/ -- Caremark International (NYSE: CK) announced today that its board of directors has authorized the corporation to purchase up to 1.5 million shares of its common stock from time to time in open-market transactions on or before July 31, 1994. These shares will be held in treasury and may be reissued for use in the company's stock-based compensation programs or for acquisitions.
 As of June 30, 1993, Caremark had 71.5 million shares outstanding.
 Caremark International Inc. is a leading provider of alternate site health care, marketing a broad range of therapies and services to patients, physicians, providers and payors, including as a partner in managed care delivery systems. The company had 1992 sales of $1.46 billion.
 -0- 7/27/93
 /CONTACT: Les Jacobson of Caremark International 708-559-4695/
 (CK)


CO: Caremark International Inc. ST: Illinois IN: HEA SU:

TS -- NY066 -- 6293 07/27/93 13:56 EDT
COPYRIGHT 1993 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1993 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Jul 27, 1993
Words:153
Previous Article:HOUSEHOLD BANK $100 MILLION SUBORDINATED NOTES DUE 2003 RATED 'A-' BY FITCH -- FITCH FINANCIAL WIRE
Next Article:ARMCO SELECTS ONE OXFORD CENTRE FOR HEADQUARTERS SITE
Topics:


Related Articles
CAREMARK COMMENCES STOCK REPURCHASE
CAREMARK LAWSUIT CHARGES CORAM WITH FRAUD BY KEEPING LINCARE DEAL SECRET; CAREMARK ASKS CALIFORNIA COURT TO DISMISS CORAM SUIT
Caremark to Enter into Contract with Oxford Health Plans; New Mail Service and Biotech Pharmacy Contract to Serve Oxford Health Plan Members.
Caremark Announces Extended Agreement with MedImmune, Inc.
MedPartners Changes Name to Caremark Rx, Inc.
Caremark Rx Announces Receipt of Remaining TAPS Proceeds.
Caremark Rx, Inc. Announces TAPS Appeals Withdrawn.
Caremark Rx, Inc. Announces Extension of Mac Crawford's Contract.
Bank of America and Caremark Rx, Inc. Introduce New Credit Card With Unique Pharmaceutical Rewards Program.

Terms of use | Copyright © 2017 Farlex, Inc. | Feedback | For webmasters