Aetna Inc. has received approval from its board to increase its stock-buyback program by up to $750 million, The Wall Street Journal reports. The company already had authorized $310 million in stock buybacks.
In June, Aetna had approximately 372.9 million shares outstanding. The company provides traditional and consumer-directed health insurance products and related services, including medical, pharmacy, dental, behavioral health and health care management services for Medicaid plans.
Click here for the story from The Wall street Journal.