Primerica Board Authorizes $75 Million Share Buyback Plan

Primerica Inc., the life insurer formerly owned by Citigroup Inc., said it plans to buy back as much as $75 million of its common stock.

Repurchases are expected to begin Aug. 10 and occur over the next four months to six months, the Duluth, Georgia-based company said today in a statement distributed by Business Wire.

To contact the reporter on this story: Steven Norton in New York at Snorton7@bloomberg.net.

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

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