Aspen in $50m accelerated share buyback
Bermudian (re)insurer Aspen ha sannounced that it has entered into an accelerated program to buy back and cancel a further $50m of its shares as part of a $300m buyback programme.
The firm said that based on its closing price on September 28, 2007, the $50 million share repurchase represents approximately two percent of total market capitalisation.
Aspen said the deal, which is
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