BOSTON—Investment management firm Eaton Vance Corp. said Wednesday that its board of directors has approved a plan to buy back up to 8 million, non-voting shares of the company's stock.
The new share buyback authorization replaces a July 13 plan under which Eaton Vance bought back 3.8 million shares.
Eaton Vance shares added 91 cents, or 3.8 percent, to close Wednesday at $24.86.
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