CIGNA Increases Share Repurchase Authority and Declares Dividend

Apr 25, 2001, 01:00 ET from CIGNA Corporation

    PHILADELPHIA, April 25 /PRNewswire/ -- CIGNA Corporation (NYSE:   CI)
 announced that its Board of Directors today increased the company's stock
 repurchase authority by $500 million.  During 2000 CIGNA repurchased 19.2
 million shares of its common stock for $1.7 billion.  With the new authority,
 CIGNA has $663 million of repurchase authority remaining.
     The Board also declared a regular quarterly cash dividend of 32 cents per
 common share.  The dividend is payable July 10, 2001, to shareholders of
 record on June 12, 2001.
     CIGNA Corporation's subsidiaries are leading providers of employee
 benefits in the United States.  Their products and services include managed
 and indemnity health care coverage; group life, accident and disability
 insurance; retirement services; and investment management.  They also offer
 life insurance and employee benefits in selected international markets.  As of
 December 31, 2000, CIGNA Corporation had consolidated assets of $95.1 billion
 and shareholders' equity of $5.4 billion.  Full-year 2000 revenues from
 continuing operations totaled $20 billion.
 
     Visit CIGNA online at www.cigna.com.
 
                     MAKE YOUR OPINION COUNT -  Click Here
                http://tbutton.prnewswire.com/prn/11690X35034421
 
 

SOURCE CIGNA Corporation
    PHILADELPHIA, April 25 /PRNewswire/ -- CIGNA Corporation (NYSE:   CI)
 announced that its Board of Directors today increased the company's stock
 repurchase authority by $500 million.  During 2000 CIGNA repurchased 19.2
 million shares of its common stock for $1.7 billion.  With the new authority,
 CIGNA has $663 million of repurchase authority remaining.
     The Board also declared a regular quarterly cash dividend of 32 cents per
 common share.  The dividend is payable July 10, 2001, to shareholders of
 record on June 12, 2001.
     CIGNA Corporation's subsidiaries are leading providers of employee
 benefits in the United States.  Their products and services include managed
 and indemnity health care coverage; group life, accident and disability
 insurance; retirement services; and investment management.  They also offer
 life insurance and employee benefits in selected international markets.  As of
 December 31, 2000, CIGNA Corporation had consolidated assets of $95.1 billion
 and shareholders' equity of $5.4 billion.  Full-year 2000 revenues from
 continuing operations totaled $20 billion.
 
     Visit CIGNA online at www.cigna.com.
 
                     MAKE YOUR OPINION COUNT -  Click Here
                http://tbutton.prnewswire.com/prn/11690X35034421
 
 SOURCE  CIGNA Corporation