(Reuters) - The company also announced plans to double its share buyback program. For details, see [ID:nN15393965].
The ratings actions "reflect the expectation that IR's announced actions will result in increased financial leverage, a more aggressive, shareholder-friendly financial policy, and reduced business-level diversity," S&P said in a statement.
Read more at Reuters.com Bonds News
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment