MasTec Suspends Talks For Proposed Acquisition Opportunity To Prioritize $250M Stock Buyback Plan
Benzinga Newsdesk 1 day ago
BuybacksNews
MasTec, Inc. ("MasTec" or the "Company") (NYSE:MTZ) today announced that it is suspending late stage negotiations of a large potentially accretive acquisition opportunity in order to prioritize the
MasTec, Inc. ("MasTec" or the "Company") (NYSE:MTZ) today announced that it is suspending late stage negotiations of a large potentially accretive acquisition opportunity in order to prioritize the repurchase of shares. The Company has an existing $250 million board authorization for share repurchases, the full amount of which is available.