Nielsen Board Approves New $500 Millioln Share Buyback

Audience measurement service Nielsen Holdings plc said Friday its board has approved a new share buyback program of up to $500 million. the authorization is expected to be largely completed by the end of 2017 and is in addition to the roughly $350 million expected to be remaining at year end under the current program. Shares were slightly higher in premarket trade and are up 2.2% in the year so far, while the S&P 500 is down 0.2%.