trending Market Intelligence /marketintelligence/en/news-insights/trending/gJ63EMNT4TdWQptzdP_zdA2 content esgSubNav
In This List

Humana signs accelerated share repurchase agreement with Citibank

Blog

The Big Picture 2022 Insurance Industry Outlook

Podcast

Next in Tech | Episode 37: Insurance impacts on technology and vice versa

Case Study

A Prestigious Global Business School Gains a Competitive Edge

Video

S&P Capital IQ Pro | Unrivaled Sector Coverage


Humana signs accelerated share repurchase agreement with Citibank

Humana Inc. has entered into an accelerated stock repurchase agreement with Citibank NA to repurchase $1.0 billion of its common shares.

Under the agreement, Humana expects to receive an initial delivery of 2,695,872 of its common shares from Citibank. All common shares delivered to Humana under the agreement will be held in treasury or retired. Final settlement of the agreement is expected to occur in the fourth quarter.

The agreement is part of Humana's $3.0 billion share repurchase program.