Moody’s (MCO) Boosts Buyback by $1B
Tweet Send to a FriendGet Alerts MCO Hot Sheet
Down)
Trade MCO Now!
On February 12, 2013, the Board of Directors of Moody’s Corporation (NYSE: MCO) authorized a new $1 billion share repurchase program. Moody's expects to commence repurchases under the new program following completion of the existing program, which had $677 million of share repurchase authority remaining as of December 31, 2012.
The company plans to repurchase shares systematically and opportunistically subject to available cash, market conditions and other ongoing capital allocation decisions. As a result, the company's share repurchase activity may vary from quarter to quarter.
Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here
The company plans to repurchase shares systematically and opportunistically subject to available cash, market conditions and other ongoing capital allocation decisions. As a result, the company's share repurchase activity may vary from quarter to quarter.
Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here
You May Also Be Interested In
- Mechel OAO (MTL) Approves $100M ADR Buyback Program
- Smith & Wesson (SWHC) Announces Debt Exchange, $100M Buyback Plan
- Goldman Sachs Upgrades International Paper (IP) to Conviction Buy; Sees 25% Upside
Create E-mail Alert Related Categories
Stock BuybacksRelated Entities
Stock Buyback
Login with Facebook
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
