NEW YORK--(BUSINESS WIRE)--Nov. 9, 2016--
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/
Source: Marsh & McLennan Companies, Inc.
Media:
Marsh & McLennan Companies
Laura Schooler,
+1 212-345-0370
laura.schooler@mmc.com
or
Investors:
Marsh
& McLennan Companies
Keith Walsh, +1 212-345-0057
keith.walsh@mmc.com