Hudson Edge Investment Partners Inc. Buys Shares of 85,363 Omnicom Group Inc. $OMC

Hudson Edge Investment Partners Inc. has acquired a new stake of 85,363 shares in Omnicom Group Inc. (NYSE:OMC) during the fourth quarter, valued at approximately $6.89 million. The company recently announced a $5.00 billion stock buyback program, authorizing repurchases of up to 38.1% of outstanding shares, which suggests management views the stock as potentially undervalued despite missing Q4 earnings and revenue estimates. Omnicom also declared a quarterly dividend of $0.80, representing an annualized yield of around 4.1% with a high payout ratio of 653%.

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