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CLAIM #43273 · Merck & Company Inc (MRK) · 2023Q1 earnings call · Apr 27, 2023 · due Dec 31, 2023

We will continue to execute a modest level of share repurchases this year.

Caroline Litchfield · CFO

PENDING
graded after results covering Dec 31, 2023 are reported

In context

cers now and over the long-term and given the strong global demand for the vaccine, we see an acceleration of growth for GARDASIL in the full year 2023 relative to 2022, though not quite at the same level of growth achieved this quarter. Now shifting to capital allocation, where we remain committed to our priorities following the announcement to acquire Prometheus. We will continue to prioritize investments in our business and growing pipeline to realize the value of the many near and long-term opportunities we see. We remain committed to our dividend, and plan to increase it over time. Business development remains a high priority, and we maintain the ability within our strong investment grade credit rating to pursue additional, science driven, value enhancing transactions going forward. We will continue to execute a modest level of share repurchases this year. To conclude, we remain very confident in the outlook of our business driven by the global demand for our innovative medicines and vaccines. We are in a position of financial and operational strength, and our continued excellent execution will enable us to deliver value to patients and shareholders well into the future. With that, I’d now like to turn the call over to Dean. Dr. Dean Li: Thank you, Caroline. Hello, everyone. Today, I will provide notable updates since the last earnings call, starting with our progress in cardiovascular disease, oncology, then infectious disease and subsequently immunology with our recently announced acquisition of Prometheus. As Rob mentioned earlier, at the American College of Cardiology in conjunction with the World Congress of Cardiology meeting in New

Verify independently

SEC filings for MRK · Claim quote is verbatim from the 2023Q1 earnings call.