Amerus Life Holdings' Announces Additional Buyback Program.DES MOINES, Iowa--(BUSINESS WIRE)--Dec. 17, 1998--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 ) today announced that from time to time it intends to repurchase up to $30 million in aggregate of common stock or unit securities ("ACES"). The company also announced that it had completed a previously announced $25 million repurchase program, purchasing 1,509,019 shares. 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 and Annuity Company, and AmVestors Financial Corporation, located in Topeka, Kansas, with two wholly-owned operating subsidiaries -- American Investors Life Insurance Company, Inc. and Financial Benefit Life Insurance Company. As of September 30, 1998, AmerUs Life Holdings' total assets were $10.3 billion and shareholders' equity Shareholders' Equity A firms' total assets minus its total liabilities. Equivalently, it is share capital plus retained earnings minus treasury shares. Shareholders' equity is the amount by which a company is financed through common and preferred shares. totaled $888.2 million, including FAS 115. |
|
||||||||||||||||

Printer friendly
Cite/link
Email
Feedback
Reader Opinion