25 November 2014 Insurance

ACE reveals $1.5bn share buyback plan

Insurer ACE has authorised a $1.5 billion share repurchase programme for 2015 to replace the current authorisation when it expires at the end of the year.

The board of directors declared a quarterly dividend equal to $0.65 payable on January 5, 2015, to shareholders of record at the close of business on December 17, 2014.

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