Piper Jaffray Companies (PJC) Announces $150M Share Repurchase Authorization

Go back to Piper Jaffray Companies (PJC) Announces $150M Share Repurchase Authorization

Piper Jaffray Companies Announces Share Repurchase Authorization

November 15, 2019 4:00 PM EST

MINNEAPOLIS--(BUSINESS WIRE)-- Piper Jaffray Companies (NYSE: PJC), a leading investment bank and institutional securities firm, today announced that its board of directors has authorized the repurchase of up to $150 million of the company's outstanding common stock. The share repurchase program will be used as part of the companys capital allocation strategy, which includes returning capital to its shareholders, and to offset the dilutive effect... More