XL approves $500m buyback Royal Gazette Staff Created: Sep 25, 2007 11:00 AM XL Capital's board of directors have approved a new share repurchase program, authorizing the company to repurchase up to $500 million of its Class A ordinary shares. Related Stories Insurance M&A activity may be on horizon Teenager launches vegetable-garden business Institute of Directors launch new website Meritus Trust acquires Lepercq Related Media