share repurchase News

Update: Dutch Insurer Aegon Plans $432M Share Buy-Back, to Cut U.S. Costs

Aegon NV jumped the most in almost six years after saying it plans to buy back 400 million euros ($432 million) of shares and cut costs to improve its return on equity. The Dutch owner of insurer Transamerica Corp. announced …

Axis Authorizes $750 Million Share Buyback

AXIS Capital Holdings Ltd. authorized the repurchase of as much as $750 million of common stock. The insurer also boosted its quarterly dividend by 7.4 percent to 29 cents a share, the Bermuda-based company said in a statement distributed by …

Validus to Hold Modified Dutch Auction Tender for $200 Million Share Buyback

Bermuda-based Validus Holdings, Ltd. announced that its Board of Directors has approved a modified Dutch auction tender offer pursuant to which the Company may repurchase up to $200.0 million in common shares. Validus said the “tender offer is part of …