When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.
Be alerted of any news about your stocks and see what other stocks are trending.
MMI - Marcus & Millichap bumps up stock buyback to $80M
Marcus & Millichap Inc.
2023-05-04 09:48:39 ET
Marcus & Millichap ( NYSE: MMI ) said Thursday its board approved a buyback of an additional $70 million shares under its stock repurchase program.
After accounting for stock repurchased through April 28, 2023, and the increased authorization, the company has about $80 million available to repurchase stock under its program.
Since initiating a stock repurchase program in mid-2022, the company has repurchased $60 million stock, comprised of 1.8 million shares at an average price of $32.88 per share.