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Novartis to buy back up to $15 billion of its shares

Novartis in November agreed to sell its stake in Roche back to its rival for $20.7 billion. (Photo: Bloomberg) — Novartis in November agreed to sell its stake in Roche back to its rival for $20.7 billion. **(Photo: Bloomberg)**

1 min read . Updated: 16 Dec 2021, 05:12 PM IST Cristina Roca, The Wall Street Journal

Novartis said it will use the proceeds from the recent sale of its stake in Roche Holding to buy back up to $15 billion of its shares by the end of 2023

Novartis AG said Thursday that it will use the proceeds from the recent sale of its stake in Roche Holding AG to buy back up to $15 billion of its shares by the end of 2023.

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Novartis to buy back up to $15 billion of its shares

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