Nielsen Reports Third Quarter 2014 Results And Announces $1B Share Repurchase Authorization

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Nielsen N.V.
NLSN
, a leading global provider of information and insights into what consumers watch and buy, today announced financial results for the third quarter ended September 30, 2014. “In the third quarter, we continued to extend our leadership position moving forward with product innovation, new client wins and strategic partnerships as we keep apace with evolving consumer behavior across the globe. This quarter also marks a continuation of our well-established path of consistent revenue growth and margin expansion,” commented Mitch Barns, Chief Executive Officer of Nielsen. Barns continued, “We are pleased that the Board authorized an additional $1 billion for our share repurchase program. Combined with the approximately $400 million remaining in our current program, we now have a total capacity for $1.4 billion in share repurchases, which we expect to complete by mid-year 2016. Paired with our ongoing commitment to quarterly dividend payments, returning capital to shareholders continues to be an important component of our capital allocation strategy and reflects our confidence in our strong balance sheet and ability to generate free cash flow.”
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