Globus Medical expands share repurchase program by $200M; total capacity over $295M

GLOBUS MEDICAL INC

Board authorized additional $200M for share repurchases, supplementing ~$95.3M remaining from prior program.
Total available repurchase capacity now exceeds $295M; program has no time limit.
Management retains discretion on timing and amount, based on market conditions and legal requirements.
Funding from cash reserves; company balances capital allocation between growth investments and shareholder returns.
Executive Chairman David Paul cited confidence in long-term growth and earnings strength.

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