share repurchase
Fortune loses V&S to Pernod, but gains in market
Read the full article: http://www.reuters.com/article/marketsNews/idLTAL31525592200...
Fortune Brands Inc (FO) shares jumped over 8 percent on Monday after the U.S. spirits company lost an auction for Absolut vodka maker Vin & Sprit [VSG.UL] and said it would begin buying back its own shares.
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