Western Union to buy back additional $1 bln shares
Dec 4 (Reuters) - Western Union Co (WU.N: Quotazione) said its board authorized an additional $1 billion for purchases of its common shares through 2009.
This is in addition to the about $300 million remaining under a previous authorization, the company said in a statement. The company said its board also declared an annual cash dividend of 4 cents a share, payable Dec. 28, to shareholders of record on Dec. 14. (Reporting by Esha Dey in Bangalore; Editing by Deepak Kannan)
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