Beazley plc (GB:BEZ) has released an update.
Beazley plc has announced the buyback and cancellation of 325,000 of its own shares on April 24, 2024, as part of its share repurchase program initiated on March 8, 2024. The shares were bought through Deutsche Numis with the highest price per share at 674.00p and the lowest at 665.50p, resulting in a volume-weighted average price of 670.0899p. This strategic move by the specialist insurance firm aligns with its shareholder authority and reflects the company’s ongoing commitment to returning value to its investors.
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