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FTI Consulting's $370 Million Buyback Signals Bold Confidence Amid Earnings Miss
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FTI Consulting's $370 Million Buyback Signals Bold Confidence Amid Earnings Miss
Quick Summary: FTI Consulting’s $370 Million Buyback Signals Bold Confidence Amid Earnings Miss FTI Consulting authorized a $370 million share buyback, signaling aggressive capital deployment. Capital International Investors increased its stake in FTI Consulting by 74.7% to 1.66%. Insider buying also occurred, with key executives purchasing shares recently. FTI’s first-quarter earnings missed expectations, raising concerns about profitability. …
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