Fairfax repurchases full intended $1bn of shares
  • X
  • LinkedIn
  • Show more sharing options
  • Copy Link URLCopied!
  • Print
  • X
  • LinkedIn
© 2024 Insider International Limited, company number 15236286, 4 Bouverie Street, London, EC4Y 8AX. Part of the Delinian Group. All rights reserved.

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement
Cookies Settings

Fairfax repurchases full intended $1bn of shares

Catrin Shi
December 24, 2021
  • X
  • LinkedIn
  • Show more sharing options
  • Copy Link URLCopied!
  • Print
  • X
  • LinkedIn

Fairfax is to buy back the full intended $1bn of stock in a share repurchase scheme first announced by the group in November.

In a statement today, Fairfax said it expects to take up and purchase for cancellation 2 million shares at a purchase price of $500 per share – the top end of a previously announced $425-$500 price range.

Enter your e-mail to claim a free trial:

Uncover exclusive insights tailored for insurance leaders

    • Stay Informed: Access exclusive industry insights
    • Gain a competitive advantage: Hear first about tactical developments
    • Make better decisions: Understand market dynamics in crucial lines of business
Take a free trial Already a subscriber? Login now

Topics

NewsFairfax Financial
catrin shi 2024 ii us 2 (1).png
Catrin Shi
Editor-in-Chief
Contact
Gift this article