Aetna Announces $3.3 Billion Accelerated Share Repurchase

2/22/17

HARTFORD, Conn.--(BUSINESS WIRE)--Aetna (NYSE: AET) today announced that it has entered into accelerated share repurchase agreements with two dealers to repurchase an aggregate of $3.3 billion of the company’s common stock. The accelerated share repurchase agreements are being executed under Aetna’s existing share repurchase programs. Aetna is funding the repurchases under the accelerated share repurchase agreements from available cash.

About Aetna

Aetna is one of the nation's leading diversified health care benefits companies, serving an estimated 46.7 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, Medicaid health care management services, workers' compensation administrative services and health information technology products and services. Aetna's customers include employer groups, individuals, college students, part-time and hourly workers, health plans, health care providers, governmental units, government-sponsored plans, labor groups and expatriates. For more information, see www.aetna.com and learn about how Aetna is helping to build a healthier world. @AetnaNews

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