LifePoint Hospitals Authorizes $250M Stock Repurchase Program

The board of directors of Brentwood, Tenn.-based LifePoint Hospitals approved a stock repurchase program of up to $250 million over the next 18 months, according to a LifePoint news release.

Advertisement

Amounts available under LifePoint’s previous repurchase program were exhausted during the current fiscal quarter, the release said.

LifePoint, which operates 52 acute-care hospitals, reported in July that its second-quarter earnings for this fiscal year rose 7.2 percent.

Related Articles on LifePoint Hospitals:

Non-Profit Hospitals Taking More Aggressive Stance Toward M&A, But Deals Aren’t Always Easy
Duke LifePoint JV to Acquire Person Memorial Hospital
LifePoint Hospitals to Pay $1M Settlement for Alleged Medicare Overbilling

Becker’s 3rd Annual Fall Chief Pharmacy Officer Summit is the top tier event that the people leading the future of pharmacy convene. This 3-day event is built specifically for Chief Pharmacy Officers and senior pharmacy leaders. The sessions examine the workforce, financial and clinical priorities shaping pharmacy today. Becker’s is where candid discussions flourish and new ideas thrive. Becker's 3rd Annual Fall Chief Pharmacy Officer Summit

Advertisement

Next Up in Financial Management

Advertisement

Comments are closed.