DENTSPLY International Inc. Authorizes 12 Million Share Increase in Stock Repurchase Program

Start Discussion
Posted: March 31, 2011
DENTSPLY International Inc. Authorizes 12 Million Share
Increase in Stock Repurchase Program

YORK, Pa., March 31, 2011 (GLOBE NEWSWIRE) -- DENTSPLY International
Inc. (Nasdaq:XRAY) today announced that its Board of Directors has
increased the Company's authorization to repurchase shares under its
stock repurchase program. Under this program, the Company may
repurchase shares of Company stock on the open market or in negotiated
transactions in an amount to maintain up to thirty-four million shares
in Treasury, an increase in the repurchase authorization of twelve
million shares. The Company has repurchased just over two million
shares thus far in 2011 and currently has twenty-two million shares of
Treasury stock, completing its prior authorization level. The Company
has approximately one hundred forty-one million shares of common stock
outstanding.

Bret Wise, Chairman and Chief Executive Officer, stated, "The Company's
top priority continues to be investing in our business units and in
synergistic acquisitions. However, this increase in the authorization
today reflects the commitment of the Board of Directors and Management
to efficiently use the strength of the Company's balance sheet and
cash-flow, to enhance shareholder value."

There is no assurance that any shares will be repurchased by the
Company. Shares that are repurchased will be retired and will
constitute authorized but unissued shares.

DENTSPLY designs, develops, manufactures and markets a broad range of
professional dental products including dental implants, endodontic
instruments and materials, orthodontic appliances, restorative
materials, preventive materials and devices, and prosthetic materials
and devices. The Company distributes its dental products in over 120
countries under some of the most well-established brand names in the
industry. DENTSPLY is committed to the development of innovative, high
quality, cost-effective new products for the dental market.

Views: 2
Start Discussion
Dentaltown Magazine
May 2026
Dentaltown Magazine May 2026 Read Current Issue Read Archived Issues
Sponsors
Townie Perks
Townie® Poll
What’s actually driving most of your new patient flow right now?
  
Site Menu
Message Boards Magazine Continuing Education Podcasts Pods & Blogs Classifieds Dental News Events Townie® Poll Ebooks Townie Choice Awards
Company Info
Contact Us Advertise With Us Howard Farran DDS, MBA Policies and Agreements
Site Help
The Dentaltown Team, Farran Media Support
Phone: +1-480-445-9710
Email: support@dentaltown.com
©2026 Dentaltown, a division of Farran Media • All Rights Reserved
9633 S. 48th Street Suite 200 • Phoenix, AZ 85044 • Phone:+1-480-598-0001 • Fax:+1-480-598-3450