Arch Capital to buy back $1b in shares
Created: Mar 02, 2007 10:00 AM
Bermuda reisnurer Arch Capital said yesterday its board authorised the repurchase of $1 billion of common shares. Repurchases under the programme may be effected from time to time in open market or privately negotiated transactions through February 2009. The timing and amount of the repurchase transactions under this program will depend on a variety of factors, including market conditions and corporate and regulatory considerations.