Market Pulse Archives

Feb. 17, 2017, 2:55 p.m. EST

Aetna shares down nearly 3% on $4 bln share buyback authorization; doubled quarterly cash dividend

new
Watchlist Relevance
LEARN MORE

Want to see how this story relates to your watchlist?

Just add items to create a watchlist now:

  • X
    Aetna Inc. (AET)
  • X
    S&P 500 Index (SPX)

or Cancel Already have a watchlist? Log In

By Emma Court

Aetna Inc. /quotes/zigman/272706/composite AET -1.01% shares declined as much as 2.94% on heavy volume Friday afternoon after the company announced it was authorizing up to $4 billion for share buybacks and would double its quarterly cash dividend to 50 cents per share. Aetna shares have declined 0.3% over the last three months, compared with a 7.2% rise in the S&P 500 /quotes/zigman/3870025/realtime SPX +0.11% .

/quotes/zigman/272706/composite
US : U.S.: NYSE
$ 125.73
-1.28 -1.01%
Volume: 2.10M
March 29, 2017 4:00p
P/E Ratio
19.71
Dividend Yield
1.59%
Market Cap
$44.22 billion
Rev. per Employee
$1.28M
loading...
/quotes/zigman/3870025/realtime
US : S&P Base CME
2,361.13
+2.56 +0.11%
Volume: 1.73B
March 29, 2017 4:46p
loading...

Get news alerts on Aetna Inc. — or create your own.
This Story has 0 Comments
Be the first to comment
More News In
Industries

Story Conversation

Commenting FAQs »
Link to MarketWatch's Slice.