Chubb Limited Buyback
OLI recorded this information on 6/12/2023
Company:
Chubb Limited
Buyback:
CB buyback
$Amount Authorized:
$5,000,000,000
Buyback Details:
Chubb Limited (NYSE: CB) announced today that its Board of Directors has authorized a new $5 billion share repurchase program. This program is effective July 1, 2023 and has no expiration date. The company's existing share repurchase authorization will remain effective through June 30, 2023.
Chubb, through its subsidiaries, is an insurance and reinsurance organization. Co. provides commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance, and life insurance. Co. provides commercial insurance products and service offerings such as risk management programs, loss control, and engineering and claims management, as well as insurance products ranging from Directors & Officers and professional liability to various specialty-casualty and umbrella and excess casualty lines. Co. also provides personal lines insurance coverage including homeowners, automobile, valuables, umbrella liability, and recreational marine products.
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Avg. Broker Rec.
  
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Buy (2.75 out of 4) 15th percentile
(ranked lower than approx. 85% of all stocks covered)
Analysts' Target Price: CB Stock Forecast Based on Zacks ABR data; powered by Xignite |
