Aspen Insurance Holdings Limited Buyback
OLI recorded this information on 2/27/2013
Aspen Insurance Holdings Limited
Aspen Insurance Holdings Limited ("Aspen" or "the Company") (NYSE:AHL) today announces that it has entered into an Accelerated Share Repurchase ("ASR") agreement with Goldman, Sachs & Co. ("Goldman") to repurchase an aggregate of $150 million of Aspen's ordinary shares under an accelerated share repurchase program. From January 1 through February 26, 2013, Aspen also repurchased approximately $47 million of its ordinary shares in the open market.
Aspen Insurance Holdings is a holding company. Co. underwrites insurance and reinsurance through its subsidiaries in Bermuda, the U.S. and the U.K. Co. has two segments: Reinsurance, which consists of property catastrophe reinsurance, other property reinsurance (facultative or single risk reinsurance), casualty reinsurance (U.S. treaty, international treaty and casualty facultative reinsurance) and specialty reinsurance (credit and surety, agriculture insurance and reinsurance, marine, aviation, terrorism, engineering and other lines); and Insurance, which consists of property and casualty insurance, marine, aviation and energy insurance and financial and professional lines insurance.
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Hold (2.00 out of 4)
(ranked higher than approx. 100% of all stocks covered)
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