CNO Financial BuyBacks 5 Mln Shares

CNO Financial Q1 Profit Plunges - Quick Facts

CNO Financial Group To Present At J.P. Morgan Conference; Webcast At 9:00 AM ET

CNO Financial To Present At Citi Financial Conference; Webcast At 9:05 AM ET

Trade CNO now with

6/29/2012 12:14 PM ET

CNO Financial Group Inc. (CNO: Quote) Friday announced it repurchased 5.65 million shares of its common stock for an aggregate purchase price of $39.3 million, in the second quarter of 2012 under its share repurchase program.

The shares were repurchased at an average cost of $6.95 per share and represented 2.4 percent of the total outstanding shares as of March 31. Total shares repurchased under the program year-to-date total 8.09 million shares for an aggregate purchase price of $58.2 million, at an average cost of $7.19 per share. As of June 29, 2012, the company had about 234 million shares outstanding.

Click here to receive FREE breaking news email alerts for CNO Financial Group, Inc. and others in your portfolio

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

<<Previous 101 Articles Next>>

Editors Pick

Immigration Reform Bill Clears Senate Judiciary Committee

Comprehensive immigration reform legislation took a step toward approval on Tuesday, as the members of the Senate Judiciary Committee voted to send the bill to the Senate floor. The Senate Judiciary Committee voted 13 to 5 in favor of the bill, with three Republicans joining with the panel's ten Democrats in voting to support the legislation.

U.S. Existing Home Sales Edge Up To Three-Year High In April

Existing home sales in the U.S. saw a modest increase in the month of April, according to a report released by the National Association of Realtors on Wednesday. NAR said existing home sales climbed 0.6 percent to a seasonally adjusted annual rate of 4.97 million in April from an upwardly revised 4.94 million in March.

Bernanke: Premature Tightening Could Derail Recovery

Federal Reserve Chairman Ben Bernanke on Wednesday downplayed speculation that the central bank is planning to taper its $85 billion monthly bond buying program. The economic recovery remains too fragile to proceed without extraordinary support from the Fed in light of fiscal restraint and headwinds...