Henry Schein's board of director authorized the repurchase of up to $400 million shares of the company's common stock.
Here are five takeaways:
1. In December 2014, the company authorized the $300 repurchase program. Today, the company has nearly $25 million remaining authorized for future repurchases.
2. Henry Schein had nearly 83 million shares outstanding as of Oct. 26, 2015.
3. The recent authorization represents nearly 3 percent of shares outstanding at the company's current stock price.
4. Individuals may conduct purchases from time to time in the open market or through negotiated transactions.
5. In 2014, Henry Schein's sales reached $10.4 billion.
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