Chubb Limited Announces New $5 Billion Share Repurchase Program

Chubb Limited's Board of Directors has authorized a new share repurchase program worth $5 billion


Chubb Limited, a global insurance company, has recently made an announcement regarding its capital management strategy. Chubb Limited's Board of Directors has authorized a new share repurchase program worth $5 billion. This program, effective from July 1, 2023, demonstrates Chubb Limited's commitment to optimizing its financial position and providing increased execution flexibility.

Chubb Limited's Capital Management Strategy

The $5 billion share repurchase program, authorized by Chubb Limited's Board of Directors, represents a continuation of the company's existing capital management strategy. This program does not signal a change in the expected amount of stock bought back over time. However, it does grant Chubb Limited additional flexibility in executing its share repurchases, enabling them to adapt to market conditions and other business considerations.

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