Willis Towers Watson Increases Share Repurchase Program By $1B In Addition To The ~$545M Remaining On The Current Open-Ended Repurchase Authority
Portfolio Pulse from Benzinga Newsdesk
Willis Towers Watson has increased its share repurchase program by $1 billion, in addition to the approximately $545 million remaining on the current open-ended repurchase authority.
September 26, 2023 | 2:55 pm
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POSITIVE IMPACT
Willis Towers Watson's decision to increase its share repurchase program by $1 billion could potentially boost its stock price in the short term.
Share repurchase programs are often seen as a sign of a company's confidence in its own stock, as it indicates that the company believes its shares are undervalued. This could potentially lead to an increase in the stock price in the short term.
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