Elan Corp. plc of Athlone, Ireland, on Tuesday said itsshareholders approved a special resolution authorizingpurchases the company to repurchase its own stock at thediscretion of the board of directors.
Shareholders last week also approved a 3-for-2 stock split ofthe company's ordinary shares. The stock (ASE:ELN) closedTuesday at $38, up 38 cents.
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