W. R. Berkley Corporation WRB announced that its Board of Directors has declared a regular quarterly cash dividend on its common stock of 7 cents per share to be paid on October 1, 2010 to stockholders of record at the close of business on September 10, 2010.
In addition, the Board of Directors has increased the Company’s share repurchase authorization to 10 million shares of common stock. The increased authorization represents approximately 7 percent of the Company’s shares outstanding at June 30, 2010. Repurchases may be made from time to time at prevailing prices in the open market or in privately negotiated transactions, subject to market conditions and other factors.
Market News and Data brought to you by Benzinga APIs© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in