Humana: Q4 EPS loss of (19c) driven by 99c per share in expenses The expenses were for reserve strengthening in nonstrategic closed block of long-term care insurance policies. This was a non-cash charge which is expected to have little impact on our free cash flow expectations moving forward. The company said it is evaluating our strategic alternatives for this asset. Comments taken from Q4 earnings conference call.
News For HUM From The Last 14 Days
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Humana announces $2B share repurchase authorization Humana announced that its board has approved a $2B share repurchase authorization with an expiration date of December 31, 2016, replacing its previous $1B share repurchase authorization.