NasdaqGS:MORNCapital Markets
Morningstar (MORN): Exploring Valuation After AI Strategy Shift and $1 Billion Buyback Announcement
Morningstar (MORN) just announced a $1 billion share repurchase program over the next three years, along with new plans to ramp up operational efficiency and data delivery using AI. Both moves signal management’s intent to strengthen long-term value for investors.
See our latest analysis for Morningstar.
Morningstar’s latest moves come after a stretch of declining momentum, with the share price down 18.1% in the last quarter and the one-year total shareholder return sitting at -38.9%. Despite...