Intuitive Surgical pays $274m, closes $2B share buyback deal

Robotic surgical giant Intuitive Surgical (NSDQ:ISRG) paid $274 million to Goldman Sachs to close a nearly year-long buyback of its common stock, according to an SEC filing posted yesterday

The payback was part of a total $3 billion stock repurchasing deal the company initiated on January 27, in which is paid $2 billion for an initial 2.4 million shares of common stock, or 7.3 million after the three-to-one split it approved in August.

Read the whole story on our sister site, The Robot Report

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