|Day's range||7.76 - 10.18|
Here are 5 biggest share buyback announcements from the past week you may have missed on InvestingPro. Verisk Analytics (NASDAQ:VRSK) announced that it has entered into accelerated share repurchase agreements with each of Citibank, and Goldman Sachs to repurchase an aggregate of $2.5B of the company's common stock. Morgan Stanley said on Thursday it's adding a position to the company, given (1) industry-standard network effects in an attractive industry, (2) attractive valuation after the company’s return to its traditional property and casualty-focused end markets after selling non-core business segments, and (3) from a portfolio perspective, reduces the Model’s volatility and exposure to consumer discretionary while adding exposure to high-quality industrials.
Key Insights The projected fair value for Consolidated Edison is US$70.69 based on Dividend Discount Model Current...
Consolidated Edison (ED) recently announced the repurchase of $1 billion of common shares under accelerated share repurchase (ACR) agreements.