Senate Passes Bipartisan Budget Deal Rolling Back $63 Billion in Cuts
CNO’s Bonach Says Buybacks a Priority as Shares ‘Screaming Buy’
CNO Financial Group Inc. (CNO) 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 email@example.com
To contact the editor responsible for this story: Steven Crabill at firstname.lastname@example.org