RenaissanceRe Announces Renewal Of Share Buyback Program, Bringing Total Current Authorization Up To $750M
Total includes the remaining amounts under prior authorizations. The program will expire when the Company has repurchased the full value of the shares authorized, unless terminated earlier by the Board of Directors.
RenaissanceRe got approval to buy back up to $750 million of its own shares. When a company buys back shares, it means fewer pieces exist, which can make each piece worth more to owners.
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