FTI Consulting (FCN) Reports Additional $200M Share Buyback Authorization
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FTI Consulting, Inc. Announces $200.0 Million Stock Repurchase Authorization
December 4, 2020 7:30 AM ESTWASHINGTON, Dec. 04, 2020 (GLOBE NEWSWIRE) -- FTI Consulting, Inc. (NYSE: FCN), today announced that on December 3, 2020, FTI Consultings Board of Directors authorized the additional amount of $200.0 million to repurchase its outstanding shares of common stock under its stock repurchase program. As of December 2, 2020, FTI Consulting has repurchased approximately 10.2 million shares of its outstanding common stock pursuant to its stock repurchase program at an average price per share of $65.31 for an aggregate cost of approximately $669.5 million. After giving effect to share repurchases through that date and the increased authorization, FTI Consulting has approximately $230.5 million remaining... More
