Humana unveils $3B share buyback effort

Humana’s board of directors approved a $3 billion share buyback program, replacing a previous $2.25 billion share repurchase plan.

Advertisement

The buyback program’s expiration date is Dec. 31, 2020.

In the third quarter of this year, Humana raised its adjusted earnings per share guidance for 2017 to about $11.60, up from $11.50. 

More articles on payer issues:
CMS may bring on contractor to examine Medicare Part D plans: 3 things to know
BCBS of Massachusetts to pay members up to $250 per procedure when they shop
UnitedHealth urges judge to drop lawsuit claiming the payer defrauded Medicare $1B+

Advertisement

Next Up in Uncategorized

  • Robert Mach was appointed CEO of Schoolcraft Memorial Hospital in Manistique, Mich., effective Aug. 15. Mr. Mach brings a wealth…

  • Nashville, Tenn.-based HCA Healthcare, the largest health system in the country, is seeking finance chiefs at four of its hospitals. …

  • As more complex, higher-acuity surgeries continue to shift from inpatient hospitals to lower-cost outpatient settings, a growing number of health…

Advertisement

Comments are closed.