Humana (HUM) Announces $3B Stock Buyback Plan

December 14, 2017 7:00 AM EST

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Humana Inc. (NYSE: HUM) announced today that its Board of Directors has approved a $3 billion share repurchase authorization with an expiration date of December 31, 2020, replacing its previous $2.25 billion share repurchase authorization, which has no further capacity. The company 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).

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