The Projection — a symmetric watercolor butterfly

The Projection

The surface is never the system.

← Unitedhealth Group

Capital · deployed

~$3.6B capex + ~$4.5B acquisitions + ~$5.5B buybacks committed FY25 (buybacks cut to ~$1.6B TTM under the DOJ overhang)

high confidence · as of 2026-07-26 · about Unitedhealth Group

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