Aon votes through $5bn share buyback programme
New powers in addition to ongoing $1.1bn programme.
Aon's board of directors has authorised a new $5bn [£3.2bn] share repurchase programme.
The move is on top of a previously authorised programme in April 2012 which still has $1.1bn worth of share buyback authority remaining.
The broker said the total $6.1bn "may be repurchased from time to time depending on market conditions or other factors through open market or privately negotiated transactions".
It added that the repurchase program may be suspended or discontinued at any time.
Strength
"Today
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@insuranceage.co.uk.
You are currently unable to print this content. Please contact info@insuranceage.co.uk to find out more.
You are currently unable to copy this content. Please contact info@insuranceage.co.uk to find out more.
Copyright Infopro Digital Limited. All rights reserved.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@insuranceage.co.uk
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@insuranceage.co.uk