Arch Capital Group (ACGL) Approves Additional $1 Billion Buyback
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Arch Capital Group Ltd. (NASDAQ: ACGL) authorized the Company to invest up to an additional $1 billion in the Company's common shares. This authorization is in addition to the $350.1 million available at September 30, 2009 under the Board's previous share repurchase authorizations. Repurchases under the new authorization may be effected from time to time in open market or privately negotiated transactions through December 31, 2011.
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