Aetna Board Of Directors Announces Actions
Aetna Inc. (NYSE: ΑET) today announced that its Board of Directors has authorized the company to repurchase up to an additional $1.25 billion of its common stock.
The company intends to continue buying shares in the open market from time to time. At June 30, 2007, Aetna had approximately 511 million shares outstanding.
The Board of Directors also declared its regular annual cash dividend of $0.04 per share on the company’s common stock. The dividend is payable on November 30, 2007 to shareholders of record at the close of business on November 15, 2007.
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