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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Avg. Broker Rec.
  
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Buy (2.67 out of 4) 2nd percentile
(ranked lower than approx. 98% of all stocks covered)
Analysts' Target Price: MMC Stock Forecast Based on Zacks ABR data; powered by Xignite |
