Sunday, March 4, 2012

In Brief: Principal Financial OKs 4% Buyback.(Principal Financial Group Inc. )(Brief Article)

Principal Financial Group Inc. announced that its board of directors has authorized the repurchase of up to 15.3 million shares, or about 4% of the company's outstanding common stock.

The program's primary intention, the company said Dec. 4, is to buy in the shares issued under the exercise of an overallotment option by the …

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