Chubb authorises $1.5bn buyback programme
Insurer Chubb has announced a share repurchase programme of up to $1.5 billion.
The company, which has underwriting operations in Bermuda, said the new authorisation would be effective through December 31, 2020.
The company has a market capitalisation of about $68 billion.
Chubb’s board of directors also declared a quarterly dividend of 75 cents per share, payable on January 10, 2020 to shareholders of record at the close of business on December 20, 2019.
Santa hat on Hindu God sparks online row
Bermuda Emissions sues transport ministry
Ombudsman hits out at CICB
Scott loses first round of court battle
Lawyer backs crime compensation changes
Man denies stealing bikes
Take Our Poll
- What sport do you most prefer to read about in the RG?
- Boxing/Martial Arts
- Rugby Union
- Total Votes: 3826
- Poll Archive