W.R. Berkley Approves Increased Repurchase of 10 Million Shares

W.R. Berkley Corp. increased the insurer’s buyback authorization to 10 million shares.

The 10 million shares represent about 7 percent of the insurer’s stock outstanding as of Sept. 30, Greenwich, Connecticut-based Berkley said today in a statement distributed by Business Wire.

To contact the reporter on this story: Alexandria Baca in New York at abaca3@bloomberg.net

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

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.