CNO Financial (CNO) Announces Total Buyback of Shares at This Time

August 29, 2011 4:03 PM EDT
CNO Financial Group, Inc. (NYSE: CNO) today announced that through August 26, 2011, it had repurchased 3,684,800 shares of its common stock in the third quarter for an aggregate purchase price of $22.9 million under its $100 million share repurchase program.

The shares were repurchased at an average cost of $6.22 per share and represented 1.5% of the total outstanding shares as of June 30, 2011.

Total shares repurchased under the program to date total 5,891,448 shares for an aggregate purchase price of $39.1 million, at an average cost of $6.64 per share. As of June 30, 2011, CNO had approximately 249.4 million shares outstanding.

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