Reinsurance Group Buys 3 Million Shares From Ex-Parent MetLife

Reinsurance Group of America Inc. purchased 3 million shares of its common stock from MetLife Inc., its former parent company, for $61.14 a share.

Reinsurance Group will repurchase as many as 2.6 million more shares,the Chesterfield, Missouri-based reinsurer said in a statement today distributed by Business Wire.

To contact the reporter on this story: April Lee in New York at alee355@bloomberg.net

To contact the editor responsible for this story: Dan Kraut at dkraut2@bloomberg.net

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