After-hours movers:

Broadcom (NASDAQ: AVGO ) rose 4% after it announced that its Board of Directors has authorized a new share repurchase program to repurchase up to $10 billion of its common stock through December 31, 2025.

Levi (LEVI) rose 3% after it beat first-quarter revenue estimates and maintained its full-year forecast.

Humana (NYSE: HUM ), CVS Health (NYSE: CVS ) and UnitedHealth Group (NYSE: UNH ) rose following the announcement of a substantial increase in Medicare insurer payment rates by the Trump administration.

Pacira BioSciences (Nasdaq: PCRX) rose 7% after it announced that it has settled its litigations with Fresenius Kabi USA, LLC (Fresenius), Jiangsu Hengrui Pharmaceuticals Co., Ltd., and eVenus Pharmaceuticals Laboratories, Inc. related to patents for EXPAREL.