Broadridge Financial Solutions, Inc. Buyback
OLI recorded this information on 4/30/2013
Broadridge Financial Solutions, Inc.
Share Amount Authorized:
Broadridge Financial Solutions, Inc. (NYSE: BR) announced today that its Board of Directors has authorized an additional share repurchase program for the repurchase of up to six million shares of Broadridge common stock. With this authorization, the Company currently has approximately 10 million shares available for repurchase under its share repurchase plans. Broadridge repurchased approximately 5% of its diluted shares outstanding in the first nine months of fiscal year 2013, including the repurchase of two million shares in the third quarter of fiscal year 2013. The share repurchases are made in the open market or in privately negotiated transactions in compliance with applicable legal requirements and other factors.
Broadridge Financial Solutions is a holding company. Through its subsidiaries, Co. provides investor communications and technology-driven solutions to banks, broker-dealers, asset and wealth managers and corporate issuers. Co. operates two reportable segments: Investor Communication Solutions (ICS) and Global Technology and Operations (GTO). Co. provides the following governance and communications solutions through its ICS business segment: Regulatory Solutions, Data-Driven Fund Solutions, Corporate Issuer Solutions, and Customer Communications Solutions. Co. GTO segment provides business solutions for capital markets and wealth and investment management firms.
BR SEC Filing Email Alerts Service
Open the BR Page at The Online Investor »
Free BR Email Alerts:
Get SEC Filing Alerts
Get Dividend Alerts
Buy (2.83 out of 4)