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Hearing Aid Maker Sonova Launches $518M Share Buyback

By Linda Chiem ( November 17, 2014, 2:33 PM EST) -- Swiss hearing aid manufacturer Sonova Holding AG said on Monday that it will launch a 500 million Swiss francs ($518.5 million) share buyback program and boost its payout ratio after posting a 6 percent boost in first half profits that still fell short of initial targets....

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