- Shares of McGraw Hill Financial (MHFI +1.4%) rally after the company announces a new 50M share buyback authorization (18% of the float).
- The move "demonstrates [an] ongoing commitment to maximizing shareholder value, and underscores the strength of [the company's] financial position," CEO Douglas Peterson says. (PR)
McGraw Hill Financial rises on new repurchase authorization
Dec 4 2013, 15:31 ET