HCA (NYSE:HCA) today announced that its Board of Directors has
authorized an additional share repurchase program for up to $2 billion
of the Company’s outstanding common stock. Repurchases will be made in
accordance with applicable securities laws and may be made at
management’s discretion from time to time in the open market, through
privately negotiated transactions, or otherwise. The repurchase program
has no time limit and may be suspended for periods or discontinued at
any time. Including both this program and remaining amounts under the
Company’s October 2015 $3 billion share repurchase authorization, as of
November 14, 2016, the Company has approximately $2.04 billion currently
authorized for share repurchases.
Forward-Looking Statements
This press release contains forward-looking statements within the
meaning of the federal securities laws, which involve risks and
uncertainties. Forward-looking statements include statements that do not
relate solely to historical or current facts. Forward-looking statements
can be identified by the use of words like “may,” “believe,” “will,”
“expect,” “project,” “estimate,” “anticipate,” “plan,” “initiative” or
“continue.” These forward-looking statements are based on our current
plans and expectations and are subject to a number of known and unknown
uncertainties and risks, many of which are beyond our control, which
could significantly affect current plans and expectations and our future
financial position and results of operations. These factors include, but
are not limited to, the risk factors described in our annual report on
Form 10-K for the year ended December 31, 2015 and our other filings
with the Securities and Exchange Commission. Many of the factors that
will determine our future results are beyond our ability to control or
predict. In light of the significant uncertainties inherent in the
forward-looking statements contained herein, readers should not place
undue reliance on forward-looking statements, which reflect management’s
views only as of the date hereof. We undertake no obligation to revise
or update any forward-looking statements, or to make any other
forward-looking statements, whether as a result of new information,
future events or otherwise.
All references to “Company” and “HCA” as used throughout this release
refer to HCA Holdings, Inc. and its affiliates.
HCA Holdings, Inc.
Investor Contact:
Mark Kimbrough, 615-344-2688
or
Media Contact:
Ed Fishbough, 615-344-2810