Radiotherapy equipment maker
Varian Medical Systems
said Monday that its board approved to repurchase up to an additional 4.5 million shares of its stock over a nine-month period extending through Sept. 27, 2007.
The Palo Alto, Calif.-based company said that as of the end of fiscal 2006, it had repurchased about 4.5 million shares under an existing six million share repurchase program ending in December.
This story was created through a joint venture between TheStreet.com and IRIS.