Aon to Focus on Buybacks Over Large Acquisitions, CFO Says
Stock Chart for Aon PLC (AON)
Aon Corp. (AON), the world’s largest insurance brokerage, said it plans to focus on stock buybacks as it seeks to boost shareholder returns, Chief Financial Officer Christa Davies said.
“We do not believe there’s a significant acquisition on the horizon,” she said today on a conference call with analysts to discuss the Chicago-based broker’s fourth-quarter results.
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