CIT Unshackled: Lender Announces Buyback After Fed Loosens Handcuffs |
| May 30, 2013 | May 2013 Bond Updates |
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Update: Now that the Fed is no longer riding shotgun, CIT Group wasted no time announcing plans to return capital to shareholders. After the close Thursday, the lender's board cleared $200 million in stock repurchases by the end of 2013. |
| View more at: http://www.forbes.com/sites/steveschaefer/2013/05/30/cit-unshackled-fed-loosens-handcuffs-on-lender-dividends-or-buybacks-may-follow/ |
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