CNO Financial Group Announces $100M Share Repurchase Program

CNO Financial Group, Inc. CNO today announced that its board of directors has approved a common share repurchase program of up to $100 million, effective immediately. This program is intended to be implemented through purchases made from time to time over the next two years in either the open market or through private transactions, in accordance with Securities and Exchange Commission requirements. The amount and timing of the share repurchases (if any) will be based on business and market conditions and other factors. As of March 31, 2011, CNO had approximately 251 million shares outstanding.