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 program along with plans to update investors on “strategic matters” on September 9.

In an announcement on the board’s approval of the program, 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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