Community Health Systems Announces New 4 Million Share Repurchase


27% profits every 20 days?

This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.


Community Health Systems, Inc. (NYSE: CYH) today announced that on September 15, 2010, its Board of Directors approved a new open market share repurchase program for up to four million (4,000,000) shares of the Company's Common Stock. The open market repurchase program will succeed an existing share repurchase program for up to three million (3,000,000) shares of the Company's Common Stock, which program was initiated on December 9, 2009. Under the existing open market repurchase program, 2,950,000 shares have been repurchased at a total cost (including commissions) of $99,550,041.

27% profits every 20 days?

This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.


ENTER TO WIN $500 IN STOCK OR CRYPTO

Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!

Posted In: NewsBuybacksHealth CareHealth Care Facilities