PartnerRe Ltd. Board of Directors Authorizes Repurchase of Up to 5 Million Shares

PEMBROKE, Bermuda, May 11 /PRNewswire-FirstCall/ — PartnerRe Ltd. today announced that its Board of Directors has approved an increase in the Company’s stock repurchase authorization for a total of up to 5 million common shares. During the past 12 months, the Company has repurchased a total of 3,472,000 common shares.PartnerRe Ltd. President and CEO Patrick Thiele said, “Active capital management is an important component of our long term and cyclical strategy…..

We are unable to display this entire news item because this article’s licensing expires after a certain amount of time. This article was originally published by PRNewswire-FirstCall and it may be available at their website. Sorry for the inconvenience.