BOSTON (Thomson Financial) - Steris Corp. Friday named Michael J. Tokich as senior vice president and chief financial officer.
Tokich, age 39, most recently served as vice president and corporate controller of Steris. He joined the company in 2000 and has been acting as co-lead of the CFO role over the past sixteen months.
Separately, Steris said its board has approved the repurchase of up to $300 million worth of its common stock, which at current prices represents about 20% of outstanding shares.
The new share repurchase authorization replaces an existing authorization that had about $160 million remaining, the company said.
Shares closed Thursday at $25.81. Casey Logan cl/tk1 COPYRIGHT Copyright Thomson Financial News Limited 2007. All rights reserved. The copying, republication or redistribution of Thomson Financial News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Financial News.
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