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Accenture reported strong Q4 earnings and approved a $4 billion stock buyback plan.
Accenture plc saw increased stakes from multiple institutional investors, including Norway Savings Bank and Birch Capital Management LLC, in the fourth quarter of 2019.
The company reported strong Q4 earnings, beating analyst estimates with $3.59 EPS and $17.69 billion in revenue.
Accenture's board approved a $4 billion stock repurchase program and the company's insiders have sold shares worth $13.5 million over the past 90 days.
Analysts have issued positive reports with price targets ranging from $350 to $405.
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Accenture reportó fuertes ganancias del Q4 y aprobó un plan de recompra de acciones de $4 mil millones.