Laboratory Corporation of America Holdings (NYSE:LH) is looking for acquisitions. Glenn Eisenberg, Executive Vice President and Chief Financial Officer said, "we expect to target the free cash flow that we generate this year to both M&A and the buybacks. So assume that we will be in the market each quarter within buybacks, but the level of buybacks will be, as Adam commented earlier, driven off of the amount of acquisitions we do. And we have a good pipeline of deals. But like in most years, or at least most normal years, always expect it to be -- they're not mutually exclusive that we expect to continue to do, strategic M&A acquisitions as well as repurchasing shares with our excess cash flow. But we've not quantified the amount, but obviously, it would be within a range of our guidance".