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Genworth Unlikely to Repurchase Shares This Year, Klein Says

Genworth Financial Inc. (GNW), the life insurer and mortgage guarantor, is unlikely to repurchase shares this year, acting Chief Executive Officer Martin Klein said today in a conference call held by the Richmond, Virginia-based insurer today.

To contact the reporters on this story: Andrew Frye in New York at afrye@bloomberg.net; Zachary Tracer in New York at Ztracer1@bloomberg.net.

To contact the editor responsible for this story: Dan Kraut at dkraut2@bloomberg.net

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