Travelers Property Casualty Corp. announced that its Board of Directors authorized the company to spend up to $500 million for the repurchase of its Class A and Class B common stock.
The repurchases may be made from time to time in the open market or through negotiated transactions, and the company expects to make the repurchases during a period ending on or about Dec. 31, 2004.
Was this article valuable?
Here are more articles you may enjoy.
Appetite for Insurance M&A Remains as AI Enters the Chat, Says PwC 
US P/C Rebounds to Post Q1 Underwriting Gain; Net Income Doubles 
Intersecting Risks and the Future of Construction Insurance 
5 Years After Surfside Collapse: Safer Condos, More Transparency for Underwriters 
