Aon (AON) Stock Declines After Series Of News Releases

Aon stock drops 1.49% and stands at $232.79. The company lost $3.52 from the previous trading session. The stock is declining since the middle of June. Aon hit its peak on May 3, 2021, when the price reached the mark of $258.52. Despite the recent downgrade in prices, the firm is still gaining momentum. With a beta score of 0.84 and EPS of 9.12, the company is profitable and less risky to invest in.

The news that the European Union (EU) antitrust regulators have given Aon (AON) provisional permission for its $30 billion deal to buy Willis Towers Watson has shaken the stock prices. Aon must transfer major sections of Willis’ business to competitor Arthur J. Gallagher & Co. as part of the conditional approval (AJG). Health insurance plans, pension management, and insurance are among the financial risk-mitigation solutions offered by Aon.

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On top of that, the Board of Directors of the company announced today that outstanding Class A Ordinary Shares would receive a quarterly cash dividend of $0.51 per share. The dividend is scheduled to be paid on August 13, 2021, to shareholders who were on the register on August 2, 2021.

Paul Meyer

Part-Time Reporter. Paul could do better in his engineering profession where he became a real pro. However, he chose the finance field to find a tranquil environment in his career. Today he creates a good number of great content for our team.

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