Home » Humana announces $2 billion share repurchase authorization

Humana announces $2 billion share repurchase authorization

Replaces $1 billion authorization

HUMANA_LogoLOUISVILLE, Ky. (Sept. 15, 2014) — Humana is replacing its $1 billion share repurchase authorization—of which approximately $782 million was outstanding after $118 million of share repurchases to date in the third quarter of 2014—with a $2 billion share repurchase authorization with an expiration date of Dec. 31, 2016.

The company said it may repurchase shares from time to time at prevailing prices in the open market, by block purchases, or in privately negotiated transactions, including pursuant to an accelerated share repurchase agreement with an investment bank.