Chubb Limited Board Authorizes New Share Repurchase Program Of $5B
Portfolio Pulse from Benzinga Newsdesk
Chubb Limited's board has authorized a new share repurchase program of $5 billion.
June 12, 2023 | 8:17 pm
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Chubb Limited (CB) has authorized a new $5 billion share repurchase program.
Chubb Limited's new $5 billion share repurchase program is a positive signal for investors, as it indicates the company's confidence in its financial position and future prospects. This could lead to an increase in demand for the stock, driving up its price in the short term.
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