Abbotts plank authorizes repurchase as high as $3 billion of common stock Abbott&39.

Abbott has improved its dividend payout for 41 consecutive years and is a member of the S&P 500 Dividend Aristocrats Index, which tracks companies that have annually increased their dividend for 25 consecutive years.. Abbott’s plank authorizes repurchase as high as $3 billion of common stock Abbott's plank of directors offers approved a new share repurchase system and declared a quarterly common dividend. Abbott's plank has authorized the repurchase of up to $3 billion of the company's common share. The program replaces the prior $5 billion system that was announced in October 2008 and was recently completed.From a business perspective, it was money well spent. A close consider the health reform bills that passed the House and Senate present lobbyists were apparently effective at blocking provisions like a robust government-operate insurance plan, and blunting the result of cost-cutting methods on healthcare companies. Some industry groupings, however, are now worried their compromises and lobbying successes will be lost on a scaled-back overhaul .