First Health Group Corp., (Nasdaq: FHCC) announced yesterday that its Board of Directors has approved the purchase by the Company of up to an additional 10,000,000 shares or approximately 10 percent of its outstanding common stock. Since September 1996, the Company has repurchased approximately 56.7 million shares and has approximately 1.2 million shares remaining under its prior authorization. To date, the Company has purchased approximately 2.7 million shares in the fourth quarter of 2002. Purchases may be made from time to time in the open market or in private transactions.
"Our recent pu...
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