RenaissanceRe (RNR) Announces $750M Share Buyback

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RenaissanceRe Holdings Ltd. Announces Thirtieth Consecutive Annual Increase in Quarterly Dividend and Renewal of Share Repurchase Program

February 5, 2025 4:22 PM EST

PEMBROKE, Bermuda--(BUSINESS WIRE)-- The Board of Directors of RenaissanceRe Holdings Ltd. (NYSE: RNR) today voted to increase the Companys quarterly dividend to $0.40 per common share, from $0.39 per common share.

The Company has increased its dividend during each of the thirty years since its initial public offering. The dividend is payable on March 31, 2025, to shareholders of record on March 14, 2025.

In addition, the Board of Directors approved a renewal of RenaissanceRes authorized share repurchase program, bringing the total current authorization up to $750.0 million, which includes the remaining... More