CoreLogic To Buy Back Up To $350 Mln Of Shares - Quick Facts

(RTTNews) - CoreLogic (CLGX), a provider of information, analytics and business services, Wednesday said its board has authorized the buyback of up to $350 million of common shares. The authorization begins on December 3, and has no expiration date and replaces the unused portion of the company's previous share repurchase authorization.

"CoreLogic has delivered record levels of financial performance during 2012 and through the first nine months of 2013 by focusing on profitable revenue growth, expanding margins and strengthening our capital structure. At the same time, the company has returned a significant amount of capital to our shareholders in the form of a repurchase of fifteen million shares of our common stock," said Frank Martell, chief financial officer.