NASHVILLE, Tenn., Oct. 24 /PRNewswire/ -- HCA (NYSE: HCA) today announced
an authorization to repurchase up to $250 million of its common stock. HCA
expects to repurchase it's shares from time to time through open market
purchases or privately negotiated transactions.
The Company had approximately 515 million shares outstanding as of
September 30, 2001.
This press release contains forward-looking statements based on current
management expectations. Numerous risks, uncertainties and other factors may
impact the Company's ability to complete the share repurchase program. Many
of the factors that will determine the Company's future results are beyond the
ability of the Company to control or predict. Readers should not place undue
reliance on forward-looking statements, which reflect management's views only
as of the date hereof. The Company undertakes no obligation to revise or
update any forward-looking statements, or to make any other forward-looking
statements, whether as a result of new information, future events or
All references to "Company" and "HCA" as used throughout this document
refer to HCA Inc.
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Web site: http: //www.hcahealthcare.com
CONTACT: investors, Mark Kimbrough, +1-615-344-2688, or media, Jeff Prescott, +1-615-344-5708, both of HCA