PartnerRe Authorizes Repurchase Of Shares
Bermuda-based PartnerRe’s Board of Directors has approved a share repurchase authorization for a total of up to 6 million common shares, effective immediately.
A statement from the Company said: “This authorization supercedes the Company’s previous authorization. Under its prior authorization and through August 31, 2012, the Company has repurchased approximately 4.3 million common shares during 2012.
“From time to time, and depending on market conditions, the Company will continue the repurchase program in open market or privately negotiated or structured transactions.”
