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BRIEF-Principal reports new $250 mln share repurchase authorization
May 17, 2017 / 12:51 PM / 7 months ago

BRIEF-Principal reports new $250 mln share repurchase authorization

May 17 (Reuters) - Principal Financial Group Inc:

* Principal® announces new $250 million share repurchase authorization

* Principal Financial Group Inc - as of march 31, 2017, approximately $100 million remained under company’s february 23, 2016 $400 million authorization

* Principal Financial Group - anticipate deploying $800 million to $1.1 billion of capital in 2017

* Principal Financial Group - has approved a new authorization for repurchase of up to $250 million of company’s outstanding common stock. Source text for Eikon: Further company coverage:

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