XL Group (XL) Raises Quarterly Dividend 25% to $0.20; Approves $1B Ordinary Share Buyback
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XL Group plc Announces $1 Billion Share Buyback Program and Increase in Ordinary Share Dividends from $0.16 to $0.20 per Share
August 6, 2015 8:32 AM EDTDUBLIN, Ireland, Aug. 6, 2015 /PRNewswire/ --Â XL Group plc ("XL" or the "Company") (NYSE: XL) announced today that the Board of Directors of the Company (the "Board") approved a new share buyback program, authorizing the Company to buy back up to $1 billion of its ordinary shares. The previous share buyback program, which had approximately $97.6 million remaining, was canceled.
The Company expects the purchases to be made from time to time in the open market or in privately negotiated transactions, and that such purchases are... More
