Alterra Capital announces $100M share repurchase plan increase

theflyonthewall.com

Alterra’s Board of Directors authorized an increase in the share repurchase plan of $100M. Following this authorization, the amount available for share repurchases as of November 6 is $301.7M. Also Alterra’s Board of Directors declared its regular dividend of 16c per share, payable on December 4 to shareholders of record as of November 20.

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