Moody's (MCO) says it's authorized a new $1B share repurchase program. It expects to start...

|About: Moody's Corporation (MCO)|By:, SA News Editor

Moody's (MCO) says it's authorized a new $1B share repurchase program. It expects to start buybacks under the new program once its existing program is complete. The company had $677M of share repurchase authority remaining as of the end of 2012. Shares +0.9% AH.