|HCA Announces New $250 Million Share Repurchase Program|
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 otherwise.
All references to "Company" and "HCA" as used throughout this document refer to HCA Inc.
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|"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: Statements in this press release regarding HCA's business which are not historical facts are "forward-looking statements" that involve risks and uncertainties. For a discussion of such risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see "Risk Factors" in the Company's Annual Report or Form 10-K for the most recently ended fiscal year.|