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Striker Corporation reports 7.7% organic revenue growth and $1 billion in share buybacks in Q3

The Motley Fool +1 · ·by G4L

SYK Stryker Corp
$325.73 -0.04%
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  1. 1Striker Corporation recorded a quarterly organic revenue growth rate of 7.7% in Q3.
  2. 2Striker Corporation repurchased $1 billion worth of its own shares during the quarter.
  3. 3Striker Corporation completed the acquisition of ZuriMED.

So what's the key point?

Striker Corporation sold 7.7% more goods and acquired a new company. The company is growing its business by buying back $1 billion of its own shares.

Source The Motley Fool +1 · View original ↗

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