Cigna to Give Each Employee Five Shares of Stock

Cigna

Insurance company

cigna.com

Cigna is an American worldwide health services organization. Its insurance subsidiaries are major providers of medical, dental, disability, life and accident insurance and related products and services, ... Wikipedia

Stock price: CI (NYSE)$161.32 -0.32 (-0.20%)
May 26, 4:02 PM EDT - Disclaimer

Headquarters: Bloomfield, Connecticut, United States

CEO: David Cordani

Revenue: 29.12 billion USD (2012)

Subsidiaries: Healthspring, Inc., more

Cigna said the giveaway, which involves about 40,000 employees, will cost around $35 million.

Cigna to Give Each Employee Five Shares of Stock

A stock award to an entire employee base is very rare, particularly among large, publicly traded companies.

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