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DaVita board increases share buyback program to $1.5B

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DaVita board increases share buyback program to $1.5B

DaVita Inc. said its board increased the authorization under the company's share repurchase program to $1.5 billion.

The amount of shares authorized to be repurchased under the new program includes the amount remaining from DaVita's existing buyback program, authorized in July 2016.