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Aon votes through $5bn share buyback programme

Greg Case

New powers in addition to ongoing $1.1bn programme.

Aon's board of directors has authorised a new $5bn [£3.2bn] share repurchase programme.

The move is on top of a previously authorised programme in April 2012 which still has $1.1bn worth of share buyback authority remaining.

The broker said the total $6.1bn "may be repurchased from time to time depending on market conditions or other factors through open market or privately negotiated transactions".

It added that the repurchase program may be suspended or discontinued at any time.

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