Guzman Share Repurchase Report - February 2017
Guzman & Company’s Investment Banking team released its Share Repurchase Update for February 2017.
Summary: Love wasn’t the only thing in the air around Valentine’s Day, as a surge of companies announced sizeable stock buybacks. The healthcare industry, particularly three of the largest health insurance providers, was amongst the notable participants. Aetna, Cigna, and Humana all announced authorizations greater than $2.25BN, despite largely refraining from buybacks in 2016. The timing is noteworthy, as it followed the termination of the Humana-Aetna and Cigna-Anthem mergers and preceded the impending “Repeal and Replace” of Obamacare.
Read full analysis here: Guzman Monthly Share Repurchase Update 2-17.pdf