Corporate additionally renews authorization for $100 million percentage repurchase
Insurance coverage Information
By way of
Ryan Smith
The board of administrators of AXIS Capital Holdings has declared a quarterly dividend of US$0.44 consistent with not unusual percentage, the corporate has introduced.
The dividend shall be payable on Jan. 18 to shareholders of document on the shut of industrial on Dec. 29, AXIS mentioned.
The board additionally declared a dividend of US$34.375 consistent with Collection E 5.50% most well-liked percentage. That is an identical to US$0.34375 consistent with depositary percentage, AXIS mentioned. This dividend could also be payable on Jan. 18 to shareholders of document on the shut of industrial on Dec. 29.
The corporate additionally introduced that its board has renewed its authorisation to repurchase as much as US$100 million of the corporate’s not unusual stocks. The repurchases could also be effected every now and then within the open marketplace or privately negotiated transactions thru Dec. 31, 2024, AXIS mentioned.
In different corporate information, AXIS Capital lately introduced the appointment of John Owen as CEO of AXIS Managing Company Restricted, its managing agent arm. The corporate additionally lately printed a refreshed emblem and revealed its third-quarter effects, reporting gross written top class of US$1.5 billion.
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