PHILADELPHIA, July 26, 2006 /PRNewswire-FirstCall/ -- CIGNA Corporation announced that its Board of Directors today increased the company's stock repurchase authority by $500 million. With the new authority, CIGNA has approximately $790 million of repurchase authority remaining.
The Board also declared a regular quarterly cash dividend of $0.025 per common share. The dividend is payable October 10, 2006, to shareholders of record on September 11, 2006.
CIGNA Corporation , headquartered in Philadelphia, and its subsidiaries constitute one of the largest publicly-owned providers of health care, disability, life and accident insurance benefits in the United States and selected markets around the world. Web site: http://www.cigna.com.
CONTACT: Wendell Potter of CIGNA Corporation, +1-215-761-4450