Aetna (AET) Board Authorizes Additional Stock Buyback Of Up To $750 Million
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Aetna Inc. (NYSE: AET) announced that its Board of Directors has authorized the company to repurchase from time to time up to $750 million of its common stock.
Aetna intends to continue buying shares in the open market from time to time. At March 31, 2008, Aetna had approximately 485 million shares outstanding.
Aetna is one of the nation's leading diversified health care benefits companies, serving approximately 37.3 million people with information and resources to help them make better informed decisions about their health care.
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