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Provider: Wright Reports

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MSCI Inc Announces $100 Million ASR As Part Of $300 Million Share Repurchase Authorization

Friday, 14 Dec 2012 08:00am EST 

MSCI Inc announced that its board of directors has authorized the repurchase of up to $300 million of MSCI`s shares of common stock. As part of this authorization, MSCI has entered into a $100 million Accelerated Share Repurchase (ASR) agreement with Morgan Stanley & Co. LLC, which will begin immediately. The $200 million balance of the authorization will be available for utilization from time to time through 2014 at the Company`s discretion. 

Company Quote

-0.59 -1.20%
19 Sep 2014