Aetna Inc. says it could spend up to $1.5 billion more on buying back shares of common stock.
Aetna, Hartford, previously earmarked $750 million for buying back stock in April.
Aetna will use the new buyback authorization to buy "shares in the open market from time to time," the company says.
NOT FOR REPRINT
© Arc, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to TMSalesOperations@arc-network.com. For more information visit Asset & Logo Licensing.