The Cigna Group, a giant in the American medical insurance business, is now up 7.5% at $343.74 on November 11th. In terms of news, the company's merger talks with Humana have once again fallen through. Cigna announced that it will not merge with Humana, emphasizing in a statement that the company will continue to adhere to its established M&A standards, only considering acquisitions that are strategically significant, financially attractive, and have a high probability of completion. The company also plans to continue actively repurchasing stocks in the fourth quarter and in 2025, using the majority of the proceeds from the sale of its medical insurance business. Currently, the balance of share buyback authorization is $5.3 billion. (Gelonghui)
美股异动|信诺涨7.5% 放弃与哈门那合并 继续积极回购股票
U.S. stocks are unusual|The cigna group rose by 7.5%, giving up the merger with humana and continuing to actively buy back stocks
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