Everest Group Announces Increase to Share Repurchase Authorization and Announces Dividend
Everest Group (NYSE: EG) has announced two significant shareholder-focused initiatives. The Board of Directors has approved a 10 million share increase in its share repurchase authorization and declared a dividend of $2.00 per common share. The dividend will be payable on or before December 13, 2024, to shareholders of record as of November 27, 2024. Everest is a global underwriting leader in property, casualty, and specialty reinsurance and insurance solutions, with a 50-year track record of disciplined underwriting and capital management.
Everest Group (NYSE: EG) ha annunciato due importanti iniziative focalizzate sugli azionisti. Il Consiglio di Amministrazione ha approvato un aumento di 10 milioni di azioni nell'autorizzazione per il riacquisto di azioni e ha dichiarato un dividendo di 2,00 $ per azione comune. Il dividendo sarà pagabile entro il 13 dicembre 2024, agli azionisti registrati al 27 novembre 2024. Everest è un leader globale nel sottoscrivere polizze nel settore della proprietà, della responsabilità civile e delle soluzioni di riassicurazione e assicurazione specializzate, con un track record di 50 anni nella gestione disciplinata della sottoscrizione e del capitale.
Everest Group (NYSE: EG) ha anunciado dos iniciativas significativas centradas en los accionistas. La Junta Directiva ha aprobado un aumento de 10 millones de acciones en su autorización de recompra de acciones y declaró un dividendo de 2,00 $ por acción común. El dividendo se pagará el 13 de diciembre de 2024, a los accionistas registrados hasta el 27 de noviembre de 2024. Everest es un líder global en suscripción de pólizas en propiedad, responsabilidad civil y soluciones de reaseguro y seguros especializados, con un historial de 50 años en la gestión disciplinada de la suscripción y del capital.
에베레스트 그룹 (NYSE: EG)는 주주 중심의 두 가지 중요한 이니셔티브를 발표했습니다. 이사회는 를 주식 재매입 허가에 승인하고, 일반주당 2.00 달러 배당을 선언했습니다. 이 배당금은 2024년 12월 13일 이전에, 2024년 11월 27일 기준으로 기록된 주주에게 지급될 예정입니다. 에베레스트는 자산, 재난, 및 전문 재보험 및 보험 솔루션의 글로벌 인수 보험 선두주자로, 50년 간의 엄격한 인수 및 자본 관리 기록을 보유하고 있습니다.
Everest Group (NYSE: EG) a annoncé deux initiatives significatives axées sur les actionnaires. Le Conseil d'administration a approuvé une augmentation de 10 millions d'actions dans son autorisation de rachat d'actions et a déclaré un dividende de 2,00 $ par action ordinaire. Le dividende sera payable au plus tard le 13 décembre 2024, aux actionnaires enregistrés au 27 novembre 2024. Everest est un leader mondial en matière de souscription d'assurance dans les domaines de la propriété, de la responsabilité civile et des solutions de réassurance et d'assurance spécialisées, avec un bilan de 50 ans en souscription disciplinée et en gestion du capital.
Everest Group (NYSE: EG) hat zwei bedeutende, auf die Aktionäre fokussierte Initiativen bekannt gegeben. Der Verwaltungsrat hat eine Erhöhung des Aktienrückkaufprogramms um 10 Millionen Aktien genehmigt und eine Dividende von 2,00 $ pro Stammaktie erklärt. Die Dividende wird bis spätestens 13. Dezember 2024 an Aktionäre ausgezahlt, die am 27. November 2024 im Aktienregister stehen. Everest ist ein globaler Marktführer im Underwriting von Sach-, Haftpflicht- und Spezialrückversicherungs- und Versicherungslösungen, mit einer 50-jährigen Geschichte disziplinierter Underwriting- und Kapitalverwaltung.
- Board approved 10 million share increase in repurchase authorization
- $2.00 per share dividend declared
- Company maintains strong capital position enabling shareholder returns
- None.
Insights
The 10 million share increase in buyback authorization coupled with a
The dividend maintains Everest's consistent shareholder return policy, while the substantial buyback expansion provides flexibility to opportunistically acquire shares. This dual approach to capital management reflects both financial strength and disciplined capital allocation, particularly notable in the current challenging insurance market environment.
In addition, the Company announced that its Board of Directors declared a dividend of
About Everest
Everest Group, Ltd. (Everest) is a global underwriting leader providing best-in-class property, casualty, and specialty reinsurance and insurance solutions that address customers’ most pressing challenges. Known for a 50-year track record of disciplined underwriting, capital and risk management, Everest, through its global operating affiliates, is committed to underwriting opportunity for colleagues, customers, shareholders, and communities worldwide.
Everest common stock (NYSE: EG) is a component of the S&P 500 index.
Additional information about Everest, our people, and our products can be found on our website at www.everestglobal.com.
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Media: Dawn Lauer
Chief Communications Officer
908.300.7670
Investors: Matt Rohrmann
Head of Investor Relations
908.604.7343
Source: Everest Group, Ltd.
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