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ResMed to buy back $450 million in stock under ASR

ResMed will buy back $450 million of stock under an accelerated share repurchase agreement with Citibank, using a 20 million-share repurchase authorization from 2014.

RMD

By Elias SchisgallResMed will buy back $450 million of its stock under an accelerated share repurchase agreement with Citibank.The buybacks are being made under a 20 million-share repurchase authorization from 2014, the medical equipment company said in a Tuesday regulatory filing.

The purchase wil…