XL Group Ltd Announces $1 Billion Share Buyback Program, Increase in Quarterly Dividend from $0.20 Per Common Share to $0.22 Per Common Share; Also…
XL Group Ltd Announces
The Company expects the purchases to be made from time to time in the open market or in privately negotiated transactions, and that such purchases are expected to be funded from cash on hand. The timing, form and amount of the share buybacks under the program will depend on a variety of factors, including market conditions, legal requirements and other factors. The buyback program may be modified, extended or terminated by the Board at any time.
In addition, the Company announced today that the Board declared a quarterly dividend on
The Company also announced today that the board of directors of its wholly-owned subsidiary,
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