LifePoint Hospitals Authorizes $250M Stock Repurchase Program

The board of directors of Brentwood, Tenn.-based LifePoint Hospitals approved a stock repurchase program of up to $250 million over the next 18 months, according to a LifePoint news release.

Amounts available under LifePoint's previous repurchase program were exhausted during the current fiscal quarter, the release said.

LifePoint, which operates 52 acute-care hospitals, reported in July that its second-quarter earnings for this fiscal year rose 7.2 percent.

Related Articles on LifePoint Hospitals:

Non-Profit Hospitals Taking More Aggressive Stance Toward M&A, But Deals Aren't Always Easy
Duke LifePoint JV to Acquire Person Memorial Hospital
LifePoint Hospitals to Pay $1M Settlement for Alleged Medicare Overbilling

Copyright © 2024 Becker's Healthcare. All Rights Reserved. Privacy Policy. Cookie Policy. Linking and Reprinting Policy.

 

Featured Whitepapers

Featured Webinars