XL Group plc (XL) said it is authorized to buy back up to $850 million of its ordinary shares, with the prior share repurchase program, having $250 million remaining, being canceled.
Further, the company's board declared a quarterly dividend on February 21, 2013 of $0.14 per ordinary share, payable on April 1, 2013 to ordinary shareholders of record as of March 15, 2013. This action increases the quarterly dividend to $0.14 per ordinary share from $0.11 per ordinary share.
Also, XL Group reported that the board of its unit, XLIT Ltd., resolved to pay a dividend of $8.5575 per share on XLIT Ltd.'s Series D Preference Ordinary Shares, which dividend would be paid on April 15, 2013 to all shareholders of record as of April 1, 2013, as well as a dividend of $32.50 per share on XLIT Ltd.'s Series E Preference Ordinary Shares, which dividend would be paid on April 15, 2013 to all shareholders of record as of April 1, 2013.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.