Aetna Board of Directors Authorizes Additional Share Repurchases

Aetna Inc. AET today announced that its Board of Directors has authorized the company to repurchase up to an additional $750 million of its common stock from time to time. This authorization is in addition to the approximately $257 million of repurchase authority remaining under Aetna's prior authorization. The company intends to continue buying shares in the open market from time to time. At September 30, 2010, Aetna had approximately 400 million shares outstanding.
Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: NewsBuybacksHealth CareManaged Health Care
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!