The Online Investor
MKL Buyback image

Markel Corporation Buyback

OLI recorded this information on 11/21/2013

Company: Markel Corporation
Buyback: MKL buyback
$Amount Authorized: $300,000,000
Buyback Details: Markel Corporation (NYSE: MKL) announced today that its board of directors has authorized a new share repurchase program covering purchases up to $300 million. The program replaces a similar program initially authorized in November 2010 under which approximately $101 million of the Company's common stock was repurchased over the last three years. Under the new program, as under the previous program, management has the discretion to purchase shares at prices that are deemed reasonable in light of circumstances at the time of purchase. Purchases are generally expected to be made through open market transactions.

Markel is a financial holding company. Co.'s main business markets and underwrites specialty insurance products. Co.'s insurance business operations include: Underwriting, which comprised of insurance and reinsurance operations; Insurance-linked securities (ILS), which include insurance and investment fund managers that provides investment products such as ILS and catastrophe bonds; and Program services, which writes insurance products including general liability insurance. Co.'s investing activities are related to its underwriting operations. Through its subsidiary, Markel Ventures, Inc. Co. owns interests in various businesses that operate outside of the specialty insurance marketplace.

MKL SEC Filing Email Alerts Service

Open the MKL Page at The Online Investor »

Company Name: 
Markel Corp (Holding Co)
Stock buyback: 
MKL buyback
Website: 
www.markel.com
Sector: 
Insurance Brokers
Number of ETFs Holding MKL: 
64
Total Market Value Held by ETFs: 
$1.80B
Total Market Capitalization: 
$16.80B
% of Market Cap. Held by ETFs: 
10.70%
 

Open the MKL Page at The Online Investor (in a new window) »

Quotes delayed 20 minutes

Email EnvelopeFree MKL Email Alerts:
Get SEC Filing Alerts
Get Dividend Alerts

Buy (3.00 out of 4)
14th percentile
(ranked lower than approx. 86% of all stocks covered)

Analysts' Target Price:
MKL Stock Forecast

Based on Zacks ABR data;
powered by Xignite

MKL Buyback Page | www.TheOnlineInvestor.com

Copyright © 1998 - 2022, All Rights Reserved
Nothing in The Online Investor is intended to be investment advice, nor does it represent the opinion of, counsel from, or recommendations by BNK Invest Inc. or any of its affiliates, subsidiaries or partners. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. By visiting, using or viewing this site, you agree to the following Full Disclaimer & Terms of Use and Privacy Policy. Video widget and stock market videos powered by Market News Video. Quote data delayed at least 20 minutes; data powered by Ticker Technologies, and Mergent. Contact The Online Investor; Meet Our Editorial Staff.