other material
confidence high
sentiment positive
materiality 0.75
Boston Scientific boosts buyback by $4B to $5B; appoints two new directors
BOSTON SCIENTIFIC CORP
- Board approved additional $4.0B stock repurchase authorization, total available now $5.0B.
- Board expanded from 10 to 12; appointed Catherine R. Smith (CFO of Starbucks) and Christophe P. Weber (CEO of Takeda).
- Smith and Weber will serve on audit and compensation committees; standard prorated compensation until 2026 annual meeting.
- Former directors John Sununu and Yoshiaki Fujimori will not stand for re-election at 2026 annual meeting.