Bloomberg News

CNO’s Bonach Says Buybacks a Priority as Shares ‘Screaming Buy’

June 13, 2012

CNO Financial Group Inc. (CNO:US) Chief Executive Officer Edward Bonach said share buybacks are a priority for the insurer.

“We’re still trading at roughly half of book,” Bonach said today at an investor conference in New York. “We think it’s a screaming buy from the standpoint of our capital deployment.”

To contact the reporter on this story: Zachary Tracer in New York at ztracer1@bloomberg.net

To contact the editor responsible for this story: Steven Crabill at scrabill@bloomberg.net


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Companies Mentioned

  • CNO
    (CNO Financial Group Inc)
    • $17.05 USD
    • -0.38
    • -2.23%
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