Chubb approves 33rd consecutive dividend increase, $7.5 billion buyback
Chubb Limited (NYSE: CB) shareholders approved a 5.2% dividend increase to $4.08 per share annually at the company's 2026 Annual General Meeting in Zurich, Switzerland. The quarterly dividend rises to $1.02 per share from $0.97 per share.
The board declared June 12, 2026 as the record date for the first quarterly installment of $1.02 per share, payable July 2, 2026. The dividend will be paid in four quarterly installments in U.S. dollars through the company's transfer agent.
Chubb's board authorized a new $7.5 billion share repurchase program effective July 1, 2026, with no expiration date. The existing share repurchase program remains in effect through June 30, 2026.
The timing and volume of share repurchases under the new authorization will be determined by management. Repurchases may occur through open market transactions, privately negotiated deals, block trades, accelerated repurchases, or option and forward transactions, subject to market conditions and legal requirements.
Chubb operates in 54 countries and territories, providing commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance, and life insurance. The company employs approximately 45,000 people worldwide and is a component of the S&P 500 index.
