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CLAIM #43300 · Merck & Company Inc (MRK) · 2023Q2 earnings call · Aug 1, 2023 · due Dec 31, 2023

We continue to expect 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

erse in the third quarter. As we look out to 2024 and beyond, we continue to expect strong growth including the impact of additional approvals. And as a reminder, while we expect the pace of growth of GARDASIL to be higher in 2023 than 2022, the rate of second half growth is anticipated to be below the first half, due in part to the timing of shipments to China. Now turning to capital allocation. We will continue to prioritize investments in our business and growing pipeline to drive near and long-term growth across our portfolio. We remain committed to our dividend, with the goal of increasing it over time. Business development remains a priority. We remain well positioned to pursue the most compelling external science through value enhancing business development to augment our pipeline. We continue to expect to execute a modest level of share repurchases this year. To conclude, as we enter the second half of the year, we remain very confident in both, the strength of our underlying business, driven by global demand for our innovative medicines and vaccines, and the excellent execution of our dedicated teams across all areas of our business, which will enable us to continue to deliver value to patients, customers and shareholders now and well into the future. With that, I’d now like to turn the call over to Dean. Dean Li: Thank you, Caroline. Good morning, everyone. It’s my pleasure to provide an overview of the significant pipeline progress across multiple therapeutic areas since the first quarter call. Today, I will start with oncology, followed by vaccines and infectious diseases and finally onto our broader pipeline. Starting with oncology. The d

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SEC filings for MRK · Claim quote is verbatim from the 2023Q2 earnings call.