Marsh & McLennan Companies Board Authorizes Renewal of Share Repurchase Authorization

Marsh & McLennan Companies, Inc. (NYSE: MMC) today announced that its Board of Directors authorized the renewal of the Companys share repurchase program, allowing management to buy back up to $2.5 billion of the Companys common stock going forward, which supersedes any prior authorization.

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Thursday, November 21, 2019
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Professional services, Insurance, Human resources, Finance, Consulting, Banking, Accounting, Economy of New York City, Marsh & McLennan Companies, Marsh, New York City, New York Stock Exchange, MMC, Economy of the United States
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NEW YORK, United States
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MARSH & MCLENNAN COMPANIES
Summary
Key Points: 
  • Marsh & McLennan Companies, Inc. (NYSE: MMC) today announced that its Board of Directors authorized the renewal of the Companys share repurchase program, allowing management to buy back up to $2.5 billion of the Companys common stock going forward, which supersedes any prior authorization.
  • Marsh & McLennan (NYSE: MMC) is the world's leading professional services firm in the areas of risk, strategy and people.
  • With annualized revenue approaching $17 billion, Marsh & McLennan helps clients navigate an increasingly dynamic and complex environment through four market-leading businesses.
  • Marsh advises individual and commercial clients of all sizes on insurance broking and innovative risk management solutions.


Marsh & McLennan Companies, Inc. (NYSE: MMC) today announced that its Board of Directors authorized the renewal of 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 (NYSE: MMC) is the world's leading professional services firm in the areas of risk, strategy and people. The company's 75,000 colleagues advise clients in over 130 countries. With annualized revenue approaching $17 billion, Marsh & McLennan helps clients navigate an increasingly dynamic and complex environment through four market-leading businesses. Marsh advises individual and commercial clients of all sizes on insurance broking and innovative risk management solutions. Guy Carpenter develops advanced risk, reinsurance and capital strategies that help clients grow profitably and pursue emerging opportunities. Mercer delivers advice and technology-driven solutions that help organizations meet the health, wealth and career needs of a changing workforce. Oliver Wyman serves as a critical strategic, economic and brand advisor to private sector and governmental clients. For more information, visit mmc.com, follow us on LinkedIn and Twitter @mmc_global or subscribe to BRINK.

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