AES Aktie
WKN: 882177 / ISIN: US00130H1059
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12.12.2013 00:53:00
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AES Corporation, (The) -- Moody's sees no immediate rating implications from AES' increased share repurchase program
New York, December 11, 2013 -- Moody's Investors Service sees no immediate credit implications from today's announcements by the AES Corporation (AES; Ba3 Corporate Family Rating; Stable). These included AES' Board of Directors authorization to increase the size of the issuer's stock repurchase program to $450 million from the $239 million available as of September 2013, as well as the execution of a stock repurchase agreement to purchase 20 million common shares for up to $275 million that are currently held by China Investment Corporation (CIC).
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