https://www.tipranks.com/news/company-payments/aon-plcs-strategic-share-buyback-balancing-growth-and-financial-flexibility
Aon Plc (AON) has disclosed new risks in the debt and financing category.
Aon Plc has been active in share buybacks, as evidenced by a significant share buyback in the third quarter of 2024. The company acquired a total of 894,725 shares, with buyback activity concentrated in July, August, and September. Average prices range from $328.00 to $347.93 per share. This ongoing buyback program, which has been expanded in stages since its inception in 2012, reflects a significant capital allocation strategy by Aon, but is subject to the potential impact on liquidity and financial flexibility. It also represents some significant financial commitment. As the repurchase program continues, stakeholders should remain vigilant about its potential impact on Aon’s financial health and market position.
AON’s average price target is $362.36, implying -3.48% downside.
Click here to learn more about Aon Plc’s risk factors.
