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Travelers Repurchases $633 Million in Quarter, CEO Fishman Says

Travelers Cos., the only property insurer in the Dow Jones Industrial Average, has repurchased $633 million of its shares in the third quarter through yesterday, Chief Executive Officer Jay Fishman said.

Buybacks have totaled $1.2 billion this year, Fishman said today at a Barclays Plc conference in New York, where the insurer is based.

To contact the reporter on this story: Noah Buhayar in New York at nbuhayar@bloomberg.net.

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

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