logo
Share SHARE
FONT-SIZE Plus   Neg

XL Group Authorizes $750 Mln Share Buyback Program

XL Group plc (XL) Monday approved a new share buyback program, authorizing to buy back up to $750 million of its ordinary shares. The authorization replaces the about $190 million remaining under a previously authorized share buyback program.

The Board declared a quarterly dividend on February 24 of $0.11 per share payable on April 2 to shareholders as of March 15.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
Taco Bell, a division of Yum! Brands Inc, is planning to test delivery of food items on college campuses, the Street reported. The move comes at a time the fast food chain seeks to leverage demand for its popular breakfast and dinner items. In an unusual incident, an Airbus operated by Singapore Airlines temporarily lost power on both its Rolls Royce engines during a flight and plunged almost 13,000 feet or 3.96 kilometers. However, pilots managed to save the Airbus through standard operational procedures and it continued on its routine path. Hormel Foods has agreed to buy organic meat products maker Applegate Farms LLC for about $775 million, as consumers increasingly use natural and organic foods in their diet.
comments powered by Disqus
RELATED NEWS
Trade XL now with 
Follow RTT