03-03-2016 15:34 via insuranceinsider.com

Swiss Re completes $1bn share buyback

Swiss Re has announced the completion of a SwF1bn ($1bn) share
buyback programme, which has seen the reinsurance giant repurchase
more than 10 million shares.
The average purchase price was SwF94.03 per share.
At the company's 2015 annual general meeting (AGM) in April
last year, shareholders authorised the board of directors to
repurchase up to a maximum of SwF1bn in shares via a buyback
programme, to be completed before the 2016 AGM in April.
Following regulatory approval, Swiss Re launched...
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