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Marsh & McLennan Companies, Inc. Buyback

OLI recorded this information on 11/9/2016

Company: Marsh & McLennan Companies, Inc.
Buyback: MMC buyback
$Amount Authorized: $2,500,000,000
Buyback Details: The Board of Directors of Marsh & McLennan Companies, Inc. (NYSE:MMC) today announced that its Board of Directors authorized an increase in the Company's share repurchase program, allowing management to buy back up to $2.5 billion of the Company's common stock going forward, which supersedes any prior authorization.

Marsh & McLennan Companies is a holding company. Through its subsidiaries, Co. provides clients advice in the areas of risk, strategy and people. Co. provides analysis, advice and transactional capabilities to clients. Co. conducts business through two segments: Risk and Insurance Services, which includes risk management activities (risk advice, risk transfer and risk control and mitigation solutions) as well as insurance and reinsurance broking and services; and Consulting, which includes health, wealth and career services and products, and other management, economic and brand consulting services.

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Company Name: 
Marsh & McLennan Companies Inc.
Stock buyback: 
MMC buyback
Website: 
www.mmc.com
Sector: 
Insurance Brokers
Number of ETFs Holding MMC: 
115
Total Market Value Held by ETFs: 
$10.10B
Total Market Capitalization: 
$85.72B
% of Market Cap. Held by ETFs: 
11.78%
 

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Buy (2.67 out of 4)
2nd percentile
(ranked lower than approx. 98% of all stocks covered)

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