LifePoint Hospitals approves $250M stock buyback
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.