Moody's Corporation Buyback
OLI recorded this information on 12/15/2015
Company:
Moody's Corporation
Buyback:
MCO buyback
$Amount Authorized:
$1,000,000,000
Buyback Details:
In addition, the Board 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 approximately $658 million of share repurchase authority remaining as of September 30, 2015.
Moody's is a global integrated risk assessment firm that helps organizations and investors to make decisions. Co. reports in two segments: Moody's Investors Service (MIS) and Moody's Analytics (MA). The MIS segment publishes credit ratings and provides assessment services on a range of debt obligations, programs and facilities, and the entities that issue such obligations in markets worldwide, including various corporate, financial institution and governmental obligations, and structured finance securities. The MA segment is a global provider of data and information; research and insights; and decision solutions, which help companies make decisions.
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Buy (3.24 out of 4) 100th percentile
(ranked higher than approx. 100% of all stocks covered)
Analysts' Target Price: MCO Stock Forecast Based on Zacks ABR data; powered by Xignite |