Cigna to Give Each Employee Five Shares of Stock - News Summed Up

Cigna to Give Each Employee Five Shares of Stock


Cigna Corp. plans to give every employee five shares of stock, an unusual move that the company said was aimed at bolstering employee commitment as it moves ahead after the demise of its merger deal with Anthem Inc.Cigna said the giveaway, which involves about 40,000 employees, will cost around $35 million. At the same time, Cigna will unveil a new policy that will allow employees up to four weeks of paid leave for needs such as...


Source: Wall Street Journal May 25, 2017 13:52 UTC



Loading...
Loading...
  

Loading...

                           
/* -------------------------- overlay advertisemnt -------------------------- */