BUZZ-Western Union rises on $1 bln share buyback program

Reuters12-14

** Shares of money transfer services provider Western Union WU.N rise ~4% to $11.18 in extended trading

** Co announces new $1 bln share repurchase program, approved by its board of directors

** "We remain committed to returning capital to our shareholders," CEO Devin McGranahan says

** Up to last close, stock had fallen 9.7% YTD

(Reporting by Zaheer Kachwala in Bengaluru)

((Zaheer.Kachwala@thomsonreuters.com))

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