Marsh McLennan Authorizes Renewal of Share Repurchase Program

Core Insights - Marsh McLennan's Board of Directors has authorized a renewal of the share repurchase program, allowing for the buyback of up to $6 billion of the company's common stock, which supersedes any prior authorization [1] Company Overview - Marsh McLennan is a global leader in risk, strategy, and people, advising clients in 130 countries across four businesses: Marsh, Guy Carpenter, Mercer, and Oliver Wyman [2] - The company generates annual revenue exceeding $24 billion and employs more than 90,000 colleagues [2] Financial Performance - In the third quarter ended September 30, 2025, Marsh McLennan reported an 11% revenue growth, with a 4% increase on an underlying basis [6] - Adjusted operating income grew by 13%, and adjusted EPS increased by 11% [6] Branding and Strategic Initiatives - Effective January 2026, Marsh McLennan will change its brand to Marsh and has created a new unit, Business and Client Services (BCS), to enhance innovation and centralize investments in operational excellence, data, AI, and analytics [7]