March 10, 2020 / 6:20 AM / 18 days ago

Novartis launches programme to buy back up to 10% of shares

ZURICH, March 10 (Reuters) - Novartis AG plans to buy back up to 10% of its stock over the next three years with an eye to cancel the shares it repurchases, the Swiss drugmaker said on Tuesday.

UBS Group is managing the buyback via a separate trading line on the SIX Swiss Exchange. (Reporting by Michael Shields Editing by Riham Alkousaa)

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