Platinum Underwriters (PTP) Adds $163.3M to Buyback Plan
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Price: $57.44 +0.31%
Overall Analyst Rating:
NEUTRAL (
Up)
Dividend Yield: 0.7%
EPS Growth %: +76.5%
Overall Analyst Rating:
NEUTRAL (
Up)Dividend Yield: 0.7%
EPS Growth %: +76.5%
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Platinum Underwriters Holdings, Ltd. (NYSE: PTP) announced that it has increased the authorized amount under its existing share repurchase program to a total of up to $250.0 million of its common shares.
This represents an increase of approximately $163.3 million from the approximately $86.7 million remaining in the program. Repurchases under the program may be made in open market or privately negotiated transactions or otherwise, from time to time, depending on market conditions.
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This represents an increase of approximately $163.3 million from the approximately $86.7 million remaining in the program. Repurchases under the program may be made in open market or privately negotiated transactions or otherwise, from time to time, depending on market conditions.
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