Aetna increases share repurchase plan to $1 Billion

Hartford health insurer Aetna said its board of directors has authorized the company to purchase as much as $1 billion more of its common stock.

The authorization grows the company’s existing $388 million repurchase plan.

Aetna also plans to pay on April 25 a quarterly dividend of 22.5 cents per share to shareholders of record as of April 10.

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