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10.02.2015 22:56:00
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Molson Coors Brewing Company -- Moody's says Molson Coors Share buyback is credit negative but no rating impact
New York, February 10, 2015 -- Moody's Investors Service said today that Molson Coors' announcements that it will reinstitute a share buyback program with a new $1 billion authorization over four years and increase its dividend by 11% are credit negative but won't affect the company's Baa2/P-2 ratings or stable outlook.
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