India, Feb. 8 -- S&P Global (SPGI) said its initial 2024 guidance calls for revenue growth of 5.5% to 7.5%, GAAP EPS in the range of $10.70 to $10.95, and adjusted EPS in the range of $13.75 to $14.00. For full year 2024, the company expects to return approximately 85% of adjusted free cash flow to shareholders through dividends and share repurchases. The Board has authorized a quarterly cash dividend of $0.91. Also, the Board has authorized the repurchase of shares totaling up to $2.4 billion. The company plans to launch an initial $500 million Accelerated Share Repurchase in the coming weeks.
Fourth quarter GAAP net income increased 34% to $579 million and GAAP earnings per share increased 38% to $1.83 driven primarily by strong Ratings ...