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Intuitive Surgical expands repurchase(3)

Fri, 07/23/2010 - 4:45pm
The Associated Press

Intuitive Surgical Inc. said Friday that its board authorized the repurchase of an additional $150 million of its stock.

The authorization brings the company's amount of stock available for repurchase to $300 million.

Shares of the surgical robot maker rose $17.39, or 5.5 percent, to close at $334.37. The stock has ranged from $197.25 to $393.92 over the past year.

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