Amgen shares jump after company announces buyback plan and long-term projections
IN THIS ARTICLE
- Banking & Finance Topic
- Jorge Mercado Author
By Jorge Mercado Tuesday, February 8th, 2022
Thousand Oaks-based Amgen, one of the largest biotechnology companies in the world, issued fiscal guidance for 2022 on Feb. 8 and shared plans to repurchase $6 billion of its shares in the first quarter of this year. In fiscal year 2022, Amgen expects revenue to be between $25.4 and $26.5 billion, with non-GAAP earnings per…