Universal Health authorizes $500M increase to share repurchase program

Universal Health Services announced that its Board of Directors authorized a $500M increase to its stock repurchase program. This authorization will increase the aggregate authorization to $1.7B from the previous $1.2B authorization, which was approved in 2014, 2016 and 2017. Since the inception of this program, we have repurchased approximately 10M shares at an aggregate cost of approximately $1.16B.
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