Moody’s Corporation Increases Share Repurchase Authorization by $1 Billion

  Moody’s Corporation Increases Share Repurchase Authorization by $1 Billion

Business Wire

NEW YORK -- February 12, 2013

On February 12, 2013, the Board of Directors of Moody’s Corporation (NYSE:
MCO) authorized a new $1 billion share repurchase program. Moody's expects to
commence repurchases under the new program following completion of the
existing program, which had $677 million of share repurchase authority
remaining as of December 31, 2012.

The company plans to repurchase shares systematically and opportunistically
subject to available cash, market conditions and other ongoing capital
allocation decisions. As a result, the company's share repurchase activity may
vary from quarter to quarter.

Moody's is an essential component of the global capital markets, providing
credit ratings, research, tools and analysis that contribute to transparent
and integrated financial markets. Moody's Corporation (NYSE: MCO) is the
parent company of Moody's Investors Service, which provides credit ratings and
research covering debt instruments and securities, and Moody's Analytics,
which offers leading-edge software, advisory services and research for credit
and economic analysis and financial risk management. The Corporation, which
reported revenue of $2.7 billion in 2012, employs approximately 6,800 people
worldwide and maintains a presence in 28 countries. Further information is
available at


Michael Adler
Vice President
Corporate Communications
Salli Schwartz
Global Head of Investor Relations
Press spacebar to pause and continue. Press esc to stop.