HARTFORD, Conn. — The Board of Directors of Aetna Inc. today announced the following actions:
Declaration of a quarterly cash dividend of $0.15 per share on the company’s common stock. The dividend was declared on September 23, 2011, and is payable on October 28, 2011 to shareholders of record at the close of business on October 13, 2011.
Authorization for the company to repurchase up to an additional $750 million of its common stock from time to time. This authorization is in addition to the approximately $310 million of repurchase authority available under Aetna’s prior authorization. The company intends to continue buying shares in the open market from time to time. At June 30, 2011, Aetna had approximately 372.9 million shares outstanding.
Aetna is one of the nation’s leading diversified health care benefits companies, serving approximately 36.5 million people with information and resources to help them make better informed decisions about their health care. Aetna offers a broad range of traditional, voluntary and consumer-directed health insurance products and related services, including medical, pharmacy, dental, behavioral health, group life and disability plans, and medical management capabilities and health care management services for Medicaid plans. Our customers include employer groups, individuals, college students, part-time and hourly workers, health plans, governmental units, government-sponsored plans, labor groups and expatriates. For more information, see www.aetna.com.
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