BUZZ-RenaissanceRe climbs after renewal of share repurchase program

Reuters

02-07

BUZZ-RenaissanceRe climbs after renewal of share repurchase program

** Shares of reinsurer RenaissanceRe RNR.N rise as much as 2.5%; last up 2.1% at $238.91

** RNR late Wednesday announced renewal of its share repurchase program, bringing the total current authorization up to $750 mln

** Company may repurchase shares through open market purchases and privately negotiated transactions - RNR

** Stock jumped 26.9% in 2024

(Reporting by Arasu Kannagi Basil in Bengaluru)

((ArasuKannagi.Basil@thomsonreuters.com;))

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