Log In

Reset Password

RenRe dividend announced

The board of directors of Bermudian-based RenaissanceRe Holdings Ltd has announced a quarterly dividend of $0.37 per common share.

The dividend is payable on June 30 to shareholders of record on June 15.

The board has also approved a renewal of RenRe’s authorised share repurchase programme, bringing the total current authorisation up to $500 million, which includes the remaining amounts under prior authorisations.

RenRe said the programme will expire when the company has repurchased the full value of the shares authorised, unless terminated earlier by the board.

Pursuant to the programme, RenRe may repurchase shares through open market purchases and privately negotiated transactions, and the decision to repurchase common shares will depend on, among other things, the market price of the common shares and the company’s capital requirements, the company said.

RenRe: announces dividend of 37 cents per common share (File photograph)

You must be Registered or to post comment or to vote.

Published May 17, 2022 at 11:37 am (Updated May 17, 2022 at 9:44 pm)

RenRe dividend announced

What you
Need to
1. For a smooth experience with our commenting system we recommend that you use Internet Explorer 10 or higher, Firefox or Chrome Browsers. Additionally please clear both your browser's cache and cookies - How do I clear my cache and cookies?
2. Please respect the use of this community forum and its users.
3. Any poster that insults, threatens or verbally abuses another member, uses defamatory language, or deliberately disrupts discussions will be banned.
4. Users who violate the Terms of Service or any commenting rules will be banned.
5. Please stay on topic. "Trolling" to incite emotional responses and disrupt conversations will be deleted.
6. To understand further what is and isn't allowed and the actions we may take, please read our Terms of Service
7. To report breaches of the Terms of Service use the flag icon