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CNO Financial Says It Will Add $100 Million to Buyback Program

Feb. 29 (Bloomberg) -- CNO Financial Group Inc., the insurer that counts John Paulson’s hedge fund as its largest investor, said it will add $100 million to a share-buyback program.

The amount is in addition to the $30 million remaining in the repurchase program, the Carmel, Indiana-based firm said in a statement today distributed by PR Newswire.

To contact the reporter on this story: Andrea Ludtke in New York at aludtke@bloomberg.net

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

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