Korn Ferry announces $250M increase in common share repurchase program
Sep 18, 9:33 PM
KFY
1.
Korn Ferry has announced an expansion of its share repurchase initiative, increasing the total available funds to $331.4 million.
2.
The Board has approved an additional $250 million for the purchase of company shares.
3.
The announcement was made public through a press release, reflecting a positive outlook for the company's share buyback strategy.
Recommendation Rating: Positive
Korn Ferry (NYSE: KFY) revealed on Thursday its decision to expand its share repurchase initiative. The Board has approved the purchase of an additional $250 million worth of company shares, elevating the total available funds under the current program to $331.4 million. This announcement was made via a press release.