Beazley plc (GB:BEZ) has released an update.
Beazley plc has executed a share repurchase, buying back 397,094 ordinary shares on May 3, 2024, with prices ranging from 629.50p to 645.50p, ultimately aiming for cancellation of the acquired shares. This move comes as a part of a share repurchase programme initiated on March 8, 2024, following approval from its shareholders. The repurchase is intended to manage share dilution and return value to shareholders, signifying Beazley’s continued commitment to capital management and shareholder interests.
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