Montpelier Re Holdings Ltd. Buyback
OLI recorded this information on 11/18/2013
Company:
Montpelier Re Holdings Ltd.
Buyback:
MRH buyback
$Amount Authorized:
$150,000,000
Buyback Details:
The Company also announced that the Board has increased its existing common share repurchase authorization by an additional $150 million, thereby raising its total common share repurchase authorization as of November 15, 2013 to $279 million. Common shares may be purchased in the open market or through privately negotiated transactions. There is no stated expiration date associated with this share repurchase authorization.
Montpelier Re Holdings is a holding company. Through its subsidiaries, Co. provides insurance and reinsurance solutions. Co. operates through three reportable segments: Montpelier Bermuda, which seeks to identify and underwrite insurance and reinsurance activities; Montpelier at Lloyd's, which underwrites property insurance and reinsurance, engineering, marine hull and liability, cargo and specie, political and financial risks and specialty casualty classes; as well as Collateralized Reinsurance, which is an asset management platform providing a range of property catastrophe reinsurance-linked investment products to institutional and retail investors.
Preferred: MRH.PRA
Open the MRH Page at The Online Investor »
|
||||||||||||
Open the MRH Page at The Online Investor (in a new window) »
 Free MRH Email Alerts:
Get SEC Filing Alerts Get Dividend Alerts 
|
Avg. Broker Rec.
 
|
Hold (2.00 out of 4) 100th percentile
(ranked higher than approx. 100% of all stocks covered)
Based on Zacks ABR data; powered by Xignite |
