Henry Schein's board of directors have authorized the repurchase of up to $400 million of shares of the company's common stock.
The plan comes on the heels of the company's fully executed $400 million repurchase program from May 2021, according to an Aug. 18 news release.
As of Aug. 17, Henry Schein has about 136 million outstanding shares. The new share repurchase plan represents about 3.9 percent of outstanding shares at the current stock price.