Marsh & McLennan Companies Board Authorizes Increase in Share Repurchase Authorization
November 09 2016 - 3:15PM
Business Wire
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.
About Marsh & McLennan Companies
MARSH & McLENNAN COMPANIES (NYSE: MMC) is a global
professional services firm offering clients advice and solutions in
the areas of risk, strategy and people. Marsh is a leader in
insurance broking and risk management; Guy Carpenter is a leader in
providing risk and reinsurance intermediary services; Mercer is a
leader in talent, health, retirement and investment consulting; and
Oliver Wyman is a leader in management consulting. With annual
revenue of $13 billion and approximately 60,000 colleagues
worldwide, Marsh & McLennan Companies provides analysis, advice
and transactional capabilities to clients in more than 130
countries. The Company is committed to being a responsible
corporate citizen and making a positive impact in the communities
in which it operates. Visit www.mmc.com for more information and
follow us on LinkedIn and Twitter @MMC_Global.
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version on businesswire.com: http://www.businesswire.com/news/home/20161109006078/en/
Media:Marsh & McLennan CompaniesLaura Schooler, +1
212-345-0370laura.schooler@mmc.comorInvestors:Marsh
& McLennan CompaniesKeith Walsh, +1
212-345-0057keith.walsh@mmc.com
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