PartnerRe Approves Share Buy-Back
Bermuda reinsurer PartnerRe Ltd. said yesterday [Nov.21] that its board of directors had authorised the company to repurchase up to sevenmillion common shares.
The authorisation replaces the company’s prior authorisation, also for seven million shares, approved last December.
So far this year, PartnerRe has bought back a total of 3.7 million common shares.
A global provider of multi-line reinsurance, PartnerRe’s corporate headuarters are located in Wellesley House on Pitts Bay Road.
