On November 5, 2020 Thermo Fisher Scientific Inc. (NYSE: TMO), the world leader in serving science, reported that its board of directors declared a quarterly cash dividend of $0.22 per share (Press release, Thermo Fisher Scientific, NOV 5, 2020, View Source [SID1234570208]). The dividend will be paid on January 15, 2021, to shareholders of record as of December 15, 2020.

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The board also authorized the repurchase of $2.5 billion of shares of its common stock in the open market or in negotiated transactions. The authorization has no expiration date. This replaces the company’s existing repurchase authorization, of which $1 billion was remaining.