HCA Buyback
OLI recorded this information on 11/14/2016
Company: |
HCA |
Buyback: |
HCA buyback |
$Amount Authorized: |
$2,040,000,000 |
Buyback Details: |
HCA (NYSE:HCA) today announced that its Board of Directors has authorized an additional share repurchase program for up to $2 billion of the Company's outstanding common stock. Repurchases will be made in accordance with applicable securities laws and may be made at management's discretion from time to time in the open market, through privately negotiated transactions, or otherwise. The repurchase program has no time limit and may be suspended for periods or discontinued at any time. Including both this program and remaining amounts under the Company's October 2015 $3 billion share repurchase authorization, as of November 14, 2016, the Company has approximately $2.04 billion currently authorized for share repurchases. |
HCA Healthcare is a holding company. Through its subsidiaries and partnerships and joint ventures, Co. owns and operates hospitals and related health care entities. Co.'s general, acute care hospitals provide medical and surgical services, including inpatient care, intensive care, cardiac care, diagnostic services and emergency services. The general, acute care hospitals also provide outpatient services such as outpatient surgery, laboratory, radiology, respiratory therapy, cardiology and physical therapy. Co.'s psychiatric hospitals provide therapeutic programs, including child, adolescent and adult psychiatric care and adolescent and adult alcohol and drug abuse treatment and counseling.
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