ACE Limited Buyback
OLI recorded this information on 11/24/2014
Company:
ACE Limited
Buyback:
ACE buyback
$Amount Authorized:
$1,500,000,000
Buyback Details:
The board also announced authorization of a share repurchase of $1.5 billion for calendar year 2015 to replace the current authorization when it expires December 31, 2014.
ACE is a holding company. Through its subsidiaries, Co. is an insurance and reinsurance organization. Co. provides commercial insurance products and service offerings such as risk management programs, loss control and engineering and claims management. Co. provides insurance products ranging from Directors & Officers and professional liability to several specialty-casualty and umbrella and excess casualty lines. Co. also provides personal lines insurance coverage including homeowners, umbrella liability and recreational marine products. Co.'s segments are: Insurance - North American P&C, Insurance - North American Agriculture, Insurance - Overseas General, Global Reinsurance, and Life.
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Avg. Broker Rec.
 
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Buy (3.43 out of 4) 100th percentile
(ranked higher than approx. 100% of all stocks covered)
Based on Zacks ABR data; powered by Xignite |
