Source: iStock
18 February 2019Insurance
Swiss Re completes Sfr1bn share buy-back programme
Swiss Re has completed its Sfr1 billion (£771 million) public share buy-back programme, which it launched in March 2018 as a way to return excess capital to shareholders.
Since 7 May 2018, Swiss Re has repurchased 11.2 million shares for a total purchase value at an average purchase price of Sfr89.17 per share. This is the equivalent of 3.21 percent of its outstanding shares.
