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California's Varian Medical Systems authorizes a share buyback program of up to $6 million in common stock.

Varian Medical OKs $6M share buyback

Palo Alto, Calif.-based Varian Medical (NYSE:VAR) announced today the authorization of a $6 million common stock buyback program, authorized by its board of directors.

The new buyback tacks onto an existing $8 million program, $6 million of which has been repurchased already, that closes at the end of this year.

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