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LifePoint Hospitals approves $250M stock buyback

Fri, 09/16/2011 - 1:45pm
The Associated Press

LifePoint Hospitals Inc. said Friday it will buy back up to $250 million in stock over the next 18 months.

The company said it completed a stock repurchase during the third quarter. LifePoint had 52 million shares on the market as of July 22.

LifePoint stock rose 7 cents and closed at $34.97 on Friday, and gained another penny to $34.98 in after-hours trading.

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