ICU Medical, Inc. completes stock purchase program, initiates new plan
Seller of disposable medical connection systems for vascular therapy ICU Medical, Inc., (Nasdaq: ICUI) announced late Thursday that it completed a stock purchase program for $20 million previously announced in January 2007.
Under that program, 522,113 shares were purchased for $20 million. Of those shares, 329,236 were purchased in August and September of this year.
On Tuesday, ICU Medical announced a new share repurchase program for an additional $20 million of its common stock. ICU said actual purchases will depend on the stock price, prevailing market and business conditions.
Shares of ICU Medical were halted in pre-market trading.
