J&J announces $5 billion share buyback program after report wipes out $50 billion in market valueJohnson & Johnson plans to repurchase $5 billion in shares after the company lost more than $50 billion in market value over two trading days following a scathing news report Friday claiming J&J knew its talc baby powders contained asbestos.[Collection]

Johnson & Johnson plans to repurchase $5 billion in shares after the company lost more than $50 billion in market value over two trading days following a scathing news report Friday claiming J&J knew its talc baby powders contained asbestos.https://www.cnbc.com/2018/12/17/jj-announces-share-buybacks-after-losing-50-billion-in-market-value.html