Willis announces $1bn increase to share buyback scheme in aftermath of Aon merger collapse
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Willis announces $1bn increase to share buyback scheme in aftermath of Aon merger collapse

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On the day its $30bn merger with Aon was aborted, Willis Towers Watson has announced a $1bn increase to its existing share buyback programme along with plans to update investors on “strategic matters” on 9 September.

In an announcement on the board’s approval of the programme, which has around $500m remaining on the current open-ended repurchase authority, Willis made no reference to the Aon deal jettisoned due to the US Department of Justice’s lawsuit.

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