AmerUs Life Holdings, Inc. Board Approves $50 Million Repurchase Program.DES MOINES, Iowa--(BUSINESS WIRE)--Aug. 16, 1999-- AmerUs Life Holdings, Inc. (NYSE NYSE See: New York Stock Exchange : AMH AMH Abington Memorial Hospital (Abington, PA) AMH Anti-Müllerian Hormone AMH Australian Medicines Handbook AMH Automated Material Handling AMH Aviation Structural Mechanic (Hydraulics) US Navy Rating ) announced today that its Board of Directors has authorized, in aggregate, the purchase of up to $50 million of its Class A common stock or adjustable conversion-rate equity security units ("ACES"). The purchases may be made from time to time dictated by prevailing market conditions. AmerUs Life Holdings, Inc. is an Iowa corporation located in Des Moines, Iowa “Des Moines” redirects here. For other uses, see Des Moines (disambiguation). Des Moines (pronounced /dɪˈmɔɪn/ in English, , engaged through its subsidiaries in the business of marketing, underwriting, and distributing individual life insurance and annuity products in 49 states, the District of Columbia District of Columbia, federal district (2000 pop. 572,059, a 5.7% decrease in population since the 1990 census), 69 sq mi (179 sq km), on the east bank of the Potomac River, coextensive with the city of Washington, D.C. (the capital of the United States). and the U. S. Virgin Islands. Its wholly-owned subsidiaries include AmerUs Life Insurance Company, Delta Life Corporation, and its operating subsidiary, Delta Life Insurance Company, and AmVestors Financial Corporation, located in Topeka, Kansas, with two wholly-owned subsidiaries -- American Investors Life Insurance Company, Inc. and Financial Benefit Life Insurance Company. As of June 30, 1999, AmerUs Life Holdings' total assets were $10.6 billion and shareholders' equity totaled $823.1 million, including accumulated other comprehensive income In 1997 the Financial Accounting Standards Board issued a Statement on Financial Accounting Standards entitled “Comprehensive Income”. This statement required all income statement items to be reported either as a regular item in the income statement and or a special item as . |
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