PartnerRe Board Authorizes Share Repurchase
Bermuda-based PartnerRe Ltd. announced on Thursday [Sept 12] that its Board of Directors has approved a share repurchase authorization for a total of up to 6 million common shares, effective immediately.
This authorization supercedes the Company’s previous authorization of March 2013. “From time to time, and depending on market conditions, the Company may continue to repurchase shares in open market or privately negotiated or structured transactions” a spokesperson said.
