Aetna Board of Directors Declares Quarterly Cash Dividend, Authorizes Additional Share Repurchases
24 September 2011 - 4:18AM
Business Wire
The Board of Directors of Aetna Inc. (NYSE: AET) today announced
the following actions:
- Declaration of a quarterly cash
dividend of $0.15 per share on the company’s common stock. The
dividend was declared on September 23, 2011, and is payable on
October 28, 2011 to shareholders of record at the close of business
on October 13, 2011.
- Authorization for the company to
repurchase up to an additional $750 million of its common stock
from time to time. This authorization is in addition to the
approximately $310 million of repurchase authority available under
Aetna’s prior authorization. The company intends to continue buying
shares in the open market from time to time. At June 30, 2011,
Aetna had approximately 372.9 million shares outstanding.
About Aetna
Aetna is one of the nation’s leading diversified health care
benefits companies, serving approximately 36.5 million people with
information and resources to help them make better informed
decisions about their health care. Aetna offers a broad range of
traditional, voluntary and consumer-directed health insurance
products and related services, including medical, pharmacy, dental,
behavioral health, group life and disability plans, and medical
management capabilities and health care management services for
Medicaid plans. Our customers include employer groups, individuals,
college students, part-time and hourly workers, health plans,
governmental units, government-sponsored plans, labor groups and
expatriates. For more information, see www.aetna.com.
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