Intuitive Surgical enters $1B accelerated share repurchase with Goldman Sachs

INTUITIVE SURGICAL INC

Entered ASR agreement with Goldman Sachs to repurchase $1 billion of common stock.
Initial payment of $1B; received ~3.5 million shares upfront.
Final settlement expected in ~3 months; may require additional shares or cash.
Repurchase based on volume-weighted average price during the period less a discount.

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