RenaissanceRe Holdings Ltd. Announces Quarterly Dividend and Renewal of Share Repurchase Program
13 Mayo 2024 - 3:33PM
Business Wire
The Board of Directors of RenaissanceRe Holdings Ltd. (NYSE:
RNR) (“RenaissanceRe” or the “Company”) announced today a quarterly
dividend of $0.39 per common share on its common shares. The
dividend is payable on June 28, 2024, to shareholders of record on
June 14, 2024.
In addition, the Board of Directors approved a renewal of
RenaissanceRe’s authorized share repurchase program, bringing the
total current authorization up to $500.0 million, which 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. Pursuant to the program, RenaissanceRe 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.
About RenaissanceRe
RenaissanceRe is a global provider of reinsurance and insurance
that specializes in matching desirable risk with efficient capital.
The Company provides property, casualty and specialty reinsurance
and certain insurance solutions to customers, principally through
intermediaries. Established in 1993, RenaissanceRe has offices in
Bermuda, Australia, Canada, Ireland, Singapore, Switzerland, the
United Kingdom and the United States.
Cautionary Statement Regarding Forward-Looking
Statements
Any forward-looking statements made in this Press Release,
including any statements regarding any future results of operations
and financial positions, business strategy, plan and any objectives
for future operations, reflect RenaissanceRe’s current views with
respect to future events and financial performance and are made
pursuant to the safe harbor provisions of the Private Securities
Litigation Reform Act of 1995. These statements are subject to
numerous factors that could cause actual results to differ
materially from those set forth in or implied by such
forward-looking statements, including the factors affecting future
results disclosed in RenaissanceRe’s filings with the SEC,
including its Annual Reports on Form 10-K and Quarterly Reports on
Form 10-Q.
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version on businesswire.com: https://www.businesswire.com/news/home/20240513698706/en/
Investor Contact: RenaissanceRe Holdings Ltd. Keith McCue Senior
Vice President, Finance & Investor Relations 441-239-4830 Media
Contacts: RenaissanceRe Holdings Ltd. Hayden Kenny Senior Vice
President, Investor Relations & Communications 441-239-4946
Kekst CNC Nicholas Capuano 917-842-7859
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