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.

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.

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