MAXIMUS Buyback
OLI recorded this information on 8/17/2015
Company:
MAXIMUS
Buyback:
MMS buyback
$Amount Authorized:
$200,000,000
Buyback Details:
MAXIMUS (NYSE:MMS), a leading provider of government services worldwide, announced today that its Board of Directors has authorized the repurchase of up to an aggregate of $200 million of the Company's common stock. The Company's previously authorized share repurchase program had approximately $84 million remaining at August 13, 2015.
MAXIMUS is an operator of government health and human services programs worldwide. Co. operates its business through three segments: U.S. Services, which provides a variety of business process services (BPS) such as program administration, appeals and assessments work and related consulting work; U.S. Federal Services, which provides appeals and assessments services, system and application development, IT modernization, and maintenance services; and Outside the U.S., which provides BPS solutions for governments and commercial clients, including health and disability assessments, program administration for employment services, wellbeing solutions, and other job seeker related services.
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Buy (3.00 out of 4) 100th percentile
(ranked higher than approx. 100% of all stocks covered)
Analysts' Target Price: MMS Stock Forecast Based on Zacks ABR data; powered by Xignite |