other material
confidence high
sentiment neutral
materiality 0.50
Cigna reaffirms FY2024 adjusted EPS ≥ $28.40; completes $3.2B accelerated share repurchase
Cigna Group
- Reaffirms 2024 consolidated adjusted income from operations per share of at least $28.40.
- Completed $3.2B accelerated share repurchase agreements in early June 2024.
- Year-to-date repurchases total $4.4B through May 31, 2024; on track for $5.0B in first half of 2024.
- Expects majority of discretionary cash flow to be used for share repurchases this year.