Chubb (CB) said Thursday its board has authorized a new $7.5 billion share buyback program, starting July 1 with no expiration date.
The company also said its quarterly cash dividend was increased to $1.02 per share from $0.97, payable on July 2 to shareholders of record as of June 12.
Chubb said its existing share repurchase program will remain effective through June 30.
Price: 329.26, Change: +0.88, Percent Change: +0.27
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