Marsh & McLennan Companies Board Authorizes Increase In Share Repurchase Authorization

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.

View source version on businesswire.com: http://www.businesswire.com/news/home/20161109006078/en/
Copyright Business Wire 2010

If you liked this article you might like

The Really Big Money Rushes to Super Bowl

The Really Big Money Rushes to Super Bowl

Cramer: Let's Handicap Hurricane Harvey's Best Stock Bets

Cramer: Let's Handicap Hurricane Harvey's Best Stock Bets

Marsh CEO Peter Zaffino to Join AIG as Deputy to CEO

Marsh CEO Peter Zaffino to Join AIG as Deputy to CEO

Cramer: These Sectors Look Bullish (Part II)

Cramer: These Sectors Look Bullish (Part II)

Cramer: There Are Powerful Themes in Several Bull Markets

Cramer: There Are Powerful Themes in Several Bull Markets