Humana unveils $3B share buyback effort

Humana’s board of directors approved a $3 billion share buyback program, replacing a previous $2.25 billion share repurchase plan.

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The buyback program’s expiration date is Dec. 31, 2020.

In the third quarter of this year, Humana raised its adjusted earnings per share guidance for 2017 to about $11.60, up from $11.50. 

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