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Independence Holding Company Repurchases Shares

STAMFORD, Conn., Jan. 30, 2017 (GLOBE NEWSWIRE) — Independence Holding Company (NYSE:IHC) currently announced that it repurchased 290,000 shares of a common batch for $5.8 million in a private transaction.  IHC has also been repurchasing batch in open-market purchases from time to time underneath a repurchase program, as dynamic by government formed on marketplace conditions, regulatory mandate and other corporate considerations.

About The IHC Group

Independence Holding Company (NYSE:IHC) is a holding association that is predominantly intent in underwriting, administering and/or distributing organisation and particular specialty advantage products, including disability, supplemental health, pet, and organisation life word by a subsidiaries given 1980.  The IHC Group owns 3 word companies (Standard Security Life Insurance Company of New York, Madison National Life Insurance Company, Inc. and Independence American Insurance Company), and IHC Specialty Benefits, Inc., a technology-driven word sales and selling association that creates value for word producers, carriers and consumers (both people and tiny businesses) by a apartment of exclusive collection and products (including ACA skeleton and tiny organisation medical stop-loss).  All products are placed with rarely rated carriers.

Forward-looking Statements

Certain statements and information contained in this recover might be deliberate «forward-looking statements,» such as statements relating to management’s views with honour to destiny events and financial performance.  Such forward-looking statements are theme to risks, uncertainties and other factors that could means tangible formula to differ materially from chronological knowledge or from destiny formula voiced or pragmatic by such forward-looking statements.  Potential risks and uncertainties include, though are not singular to, mercantile conditions in a markets in that IHC operates, new sovereign or state bureaucratic regulation, IHC’s ability to effectively operate, confederate and precedence any past or destiny vital acquisition, and other factors that can be found in IHC’s other news releases and filings with a Securities and Exchange Commission.  IHC specifically disclaims any avocation to refurbish a forward-looking statements unless compulsory by germane law.


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Source: Independence Holding Company

Tags: #life insurance

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