Independence Holding Company Buyback
OLI recorded this information on 6/29/2017
Company:
Independence Holding Company
Buyback:
IHC buyback
Share Amount Authorized:
2,000,000
Buyback Details:
Independence Holding Company (NYSE:IHC) ("IHC" or the "Company") announced today the final results of its tender offer to purchase up to 2,000,000 shares of its common stock at a price per share of $20.00, net to the seller in cash, without interest, less any applicable withholding taxes, which expired at 5:00 p.m., Eastern time, on June 26, 2017.
Independence Holding is a holding company engaged in the health, pet and life insurance business. Co. operates through its insurance carriers: Standard Security Life Insurance Company of New York, Madison National Life Insurance Company, Inc. and Independence American Insurance Company, which underwrite specialty health, pet, group life and short-term and long-term disability products; and its Specialty Benefits division, which comprised of specialty health and pet divisions. Co.'s business segments are: Specialty Health; Group disability, life, New York short-term disability and paid family leave rider, and corporate. Co.'s individual life, annuities and other segment is in run-off.
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