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32 CIGNA CORPORATION2011 Form10K
PART II
ITEM 5 Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities
PART II
ITEM 5 Market for Registrant’s Common Equity,
Related Stockholder Matters and Issuer Purchases
of Equity Securities
e information under the caption “Quarterly Financial Data-Stock and
Dividend Data” appears on page124 and the number of shareholders of
record as of December31,2011 appears under the caption “Highlights”
on page33 of this Form10-K. Cigna’s common stock is listed with,
and trades on, the New York Stock Exchange under the symbol “CI”.
Issuer Purchases of Equity Securities
e following table provides information about Cigna’s share repurchase activity for the quarter ended December31,2011:
Period
Total # of shares
purchased(1)
Average price paid
per share
Total # of shares purchased as part of
publicly announced program(2)
Approximate dollar value of shares
that may yet be purchased as part
ofpubliclyannounced program(3)
October1-31,2011 0 N/A 0 $ 522,328,439
November1-30,2011 12,829 $ 42.39 0 $ 522,328,439
December1-31,2011 670 $ 43.34 0 $ 522,328,439
TOTAL 13,499 $ 42.44 0 N/A
(1) Includes shares tendered by employees as payment of taxes withheld on the exercise of stock options and the vesting of restricted stock granted under the Company’s equity compensation
plans. Employees tendered 12,829 shares in Novemberand 670 shares in December2011.
(2) Cigna has had a repurchase program for many years, and has had varying levels of repurchase authority and activity under this program. The program has no expiration date.
Cigna suspends activity under this program from time to time and also removes such suspensions, generally without public announcement. Through February 23, 2012, the
Company had repurchased approximately 5.3million shares for approximately $225million. Remaining authorization under the program was approximately $522million as of
December31,2011 and February23,2012.
(3) Approximate dollar value of shares is as of the last date of the applicable month.
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