HCA unveils $2B stock buyback

Nashville, Tenn.-based HCA's board of directors has authorized a $2 billion share repurchase program of the company's outstanding common stock.

HCA said the repurchase program has no time limit and may be discontinued at anytime.

Including this program and remaining amounts under the $3 billion share repurchase plan unveiled in October 2015, HCA has about $2.04 billion authorized for share repurchases.  

More articles on healthcare finance:

Allina Health's bottom line takes $104.8M hit from nurse strikes
8 hospitals receive credit downgrades in past month
Patients hit with surprise bills for 22% of in-network ER visits

© Copyright ASC COMMUNICATIONS 2017. Interested in LINKING to or REPRINTING this content? View our policies by clicking here.

 

Top 40 Articles from the Past 6 Months