W. R. Berkley Corporation Increases Dividend 10% and Increases Share Repurchase Authorization
14 Junio 2023 - 3:15PM
Business Wire
W. R. Berkley Corporation (NYSE: WRB) announced today
that its Board of Directors has voted to increase the regular cash
dividend to an annual rate of 44 cents per share, representing a
10% increase from the present rate. The first regular quarterly
dividend at the new rate of 11 cents per share will be paid on June
30, 2023 to stockholders of record at the close of business on June
26, 2023.
In addition, the Board of Directors has increased the Company’s
share repurchase authorization to 15 million shares of common
stock. Repurchases may be made by the Company from time to time at
prevailing prices in the open market or in privately negotiated
transactions, subject to market conditions and other factors.
Founded in 1967, W. R. Berkley Corporation is an insurance
holding company that is among the largest commercial lines writers
in the United States and operates two segments of the property
casualty insurance business: Insurance and Reinsurance &
Monoline Excess. For further information about W. R. Berkley
Corporation, please visit www.berkley.com.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20230614854590/en/
Karen A. Horvath Vice President – External Financial
Communications 203-629-3000
WR Berkley (NYSE:WRB)
Gráfica de Acción Histórica
De May 2024 a Jun 2024
WR Berkley (NYSE:WRB)
Gráfica de Acción Histórica
De Jun 2023 a Jun 2024