Stocks With Buyback Announcements (HSIC, MAT, OMPI)

Henry Schein, Inc. (NASDAQ:HSIC) went down 0.54% to $57.25. The company announced that its Board of Directors has authorized the repurchase, in addition to the previously announced program, of up to $100 million of shares of the Company's common stock.

Purchases may be made from time to time in the open market, or through negotiated transactions.   

At current market price, the market capitalization of the company stands at $5.29 billion.

Mattel, Inc. (NASDAQ:MAT) soared 6.70% to $25.13. The company announced that the Mattel Board of Directors has authorized the Company to increase its previously announced share repurchase program by an additional $500 million. Repurchases will take place from time to time, depending on market conditions.

The company also announced that the Board of Directors has approved the Company’s common stock annual dividend for 2010 of $0.83 per share, an increase over $0.75 annual dividend paid in 2009. The dividend for 2010 is payable on December 16, 2010, to stockholders of record on December 3, 2010.

Obagi Medical Products, Inc. (NASDAQ:OMPI) went down 3.29% to $10.86. The company announced that it has entered into an agreement with Stonington Capital Appreciation 1994 Fund, L.P. and The Zein and Samar Obagi Family Trust under which the Company is obligated to purchase an aggregate of $35.0 million worth of its common stock from these selling stockholders.

The Company also announced the commencement of an underwritten public offering of up to 3,554,847 shares of its common stock held by these two selling stockholders.