"In the fourth quarter, our colleagues delivered 10% organic revenue growth, an outstanding finish to a very strong year, contributing to full year organic revenue growth of 9%, margin expansion of 160 basis points, and EPS growth of 22%." said Greg CASE, Chief Executive Officer.
Net income attributable to Aon shareholders was USD1,255 million, or decreased 34% to USD 5.55 per share, compared to USD 1,969 million, or USD 8.45 per share, in the prior year.
Net income per share, adjusted for certain items, increased 22% to USD 12.00, including a favorable impact of USD 0.23 per share from foreign currency translation, compared to USD 9.81 in the prior year.
During 2021, the Company repurchased approximately 12.4 million Class A Ordinary Shares for approximately USD 3.5 billion at an average price of USD 286.82 per share.
Total operating expenses in the fourth quarter decreased 6% to USD 2.1 billion compared to the prior year period due primarily to a USD 200 million positive impact from the repatterning of discretionary expenses within the year, a USD 64 million decrease in expenses related to divestitures, net of acquisitions, a USD 44 million decrease in transaction costs, and a USD 12 million favorable impact from foreign currency translation, partially offset by an increase in expense associated with 10% organic revenue growth and investments in long-term growth.
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