Humana accelerates $3B share buyback
Humana Inc. is speeding up its buyback of $3 billion worth of company shares.
The Louisville-based health insurance and care provider will repurchase $750 million of its common shares through an accelerated share repurchase agreement with Goldman Sachs& Co. LLC, a subsidiary of New York City-based investment bank and financial service titan Goldman Sachs Group Inc., according to a news release from Humana.
The deal between Humana (NYSE: HUM) and Goldman Sachs was effective Wednesday, the day…
Source: bizjournals.com Health Care:Biotechnology headlines - Category: Biotechnology Authors: Chris Larson Source Type: news