{"id":22235,"date":"2023-06-13T20:28:08","date_gmt":"2023-06-14T00:28:08","guid":{"rendered":"https:\/\/ifintechworld.com\/uncategorized\/chubb-shares-rise-on-new-5-billion-stock-buyback-authorization\/"},"modified":"2023-06-13T20:28:09","modified_gmt":"2023-06-14T00:28:09","slug":"chubb-shares-rise-on-new-5-billion-stock-buyback-authorization","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=22235","title":{"rendered":"Chubb shares rise on new $5 billion stock buyback authorization"},"content":{"rendered":"
\n
\n

<\/span>
\n<\/i>\n<\/div>\n

Investing.com — Chubb Ltd (NYSE:) shares were rising after hours on Monday after the insurer announced a $5 billion stock repurchase authorization.<\/p>\n

The Swiss-based firm said its board authorized the repurchase program to be effective July 1, 2023, with no expiration date. An existing share repurchase authorization will remain effective through June 30.<\/p>\n

Chubb shares rose 0.8% in late trading.<\/p>\n

“This new open-ended program does not represent any change in our capital management strategy, nor our expected amount of stock bought back over time, however, it does increase our execution flexibility,” CFO Peter Enns said in a statement.<\/p>\n

Management is to decide on the timing and size of any repurchases, the announcement said.\u00a0<\/p>\n<\/div>\n

Read the full article here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Investing.com — Chubb Ltd (NYSE:) shares were rising after hours on Monday after the insurer announced a $5 billion stock repurchase authorization. The Swiss-based firm said its board authorized the repurchase program to be effective July 1, 2023, with no expiration date. An existing share repurchase authorization will remain effective through June 30. Chubb shares […]<\/p>\n","protected":false},"author":1,"featured_media":22236,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"video","meta":{"footnotes":""},"categories":[1],"tags":[83],"class_list":["post-22235","post","type-post","status-publish","format-video","has-post-thumbnail","hentry","category-uncategorized","tag-featured","post_format-post-format-video"],"yoast_head":"\nChubb shares rise on new $5 billion stock buyback authorization | iFintechWorld<\/title>\n<meta name=\"description\" content=\"Investing.com -- Chubb Ltd (NYSE:) shares were rising after hours on Monday after the insurer announced a $5 billion stock repurchase authorization. The\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ifintechworld.com\/?p=22235\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Chubb shares rise on new $5 billion stock buyback authorization | iFintechWorld\" \/>\n<meta property=\"og:description\" content=\"Investing.com -- Chubb Ltd (NYSE:) shares were rising after hours on Monday after the insurer announced a $5 billion stock repurchase authorization. The\" \/>\n<meta property=\"og:url\" content=\"https:\/\/ifintechworld.com\/?p=22235\" \/>\n<meta property=\"og:site_name\" content=\"iFintechWorld\" \/>\n<meta property=\"article:published_time\" content=\"2023-06-14T00:28:08+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-06-14T00:28:09+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/06\/switzerland_800x533_L_1412074447.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"533\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"News Room\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"News Room\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/ifintechworld.com\/?p=22235#article\",\"isPartOf\":{\"@id\":\"https:\/\/ifintechworld.com\/?p=22235\"},\"author\":{\"name\":\"News Room\",\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/person\/6224724fd4116361255b179dc5c70b61\"},\"headline\":\"Chubb shares rise on new $5 billion stock buyback authorization\",\"datePublished\":\"2023-06-14T00:28:08+00:00\",\"dateModified\":\"2023-06-14T00:28:09+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/ifintechworld.com\/?p=22235\"},\"wordCount\":123,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/ifintechworld.com\/#organization\"},\"keywords\":[\"Featured\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/ifintechworld.com\/?p=22235#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/ifintechworld.com\/?p=22235\",\"url\":\"https:\/\/ifintechworld.com\/?p=22235\",\"name\":\"Chubb shares rise on new $5 billion stock buyback authorization | iFintechWorld\",\"isPartOf\":{\"@id\":\"https:\/\/ifintechworld.com\/#website\"},\"datePublished\":\"2023-06-14T00:28:08+00:00\",\"dateModified\":\"2023-06-14T00:28:09+00:00\",\"description\":\"Investing.com -- Chubb Ltd (NYSE:) shares were rising after hours on Monday after the insurer announced a $5 billion stock repurchase authorization. The\",\"breadcrumb\":{\"@id\":\"https:\/\/ifintechworld.com\/?p=22235#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/ifintechworld.com\/?p=22235\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/ifintechworld.com\/?p=22235#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/ifintechworld.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Chubb shares rise on new $5 billion stock buyback authorization\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/ifintechworld.com\/#website\",\"url\":\"https:\/\/ifintechworld.com\/\",\"name\":\"Repay Down\",\"description\":\"Latest Personal Finance News, Tips and Updates\",\"publisher\":{\"@id\":\"https:\/\/ifintechworld.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/ifintechworld.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/ifintechworld.com\/#organization\",\"name\":\"Repay Down\",\"url\":\"https:\/\/ifintechworld.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/rep-logo-dark.png\",\"contentUrl\":\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/rep-logo-dark.png\",\"width\":558,\"height\":90,\"caption\":\"Repay Down\"},\"image\":{\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/person\/6224724fd4116361255b179dc5c70b61\",\"name\":\"News Room\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/avatar_user_1_1682606986-96x96.png\",\"contentUrl\":\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/avatar_user_1_1682606986-96x96.png\",\"caption\":\"News Room\"},\"sameAs\":[\"https:\/\/ifintechworld.com\"],\"url\":\"https:\/\/ifintechworld.com\/?author=1\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Chubb shares rise on new $5 billion stock buyback authorization | iFintechWorld","description":"Investing.com -- Chubb Ltd (NYSE:) shares were rising after hours on Monday after the insurer announced a $5 billion stock repurchase authorization. The","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/ifintechworld.com\/?p=22235","og_locale":"en_US","og_type":"article","og_title":"Chubb shares rise on new $5 billion stock buyback authorization | iFintechWorld","og_description":"Investing.com -- Chubb Ltd (NYSE:) shares were rising after hours on Monday after the insurer announced a $5 billion stock repurchase authorization. The","og_url":"https:\/\/ifintechworld.com\/?p=22235","og_site_name":"iFintechWorld","article_published_time":"2023-06-14T00:28:08+00:00","article_modified_time":"2023-06-14T00:28:09+00:00","og_image":[{"width":800,"height":533,"url":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/06\/switzerland_800x533_L_1412074447.jpg","type":"image\/jpeg"}],"author":"News Room","twitter_card":"summary_large_image","twitter_misc":{"Written by":"News Room","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/ifintechworld.com\/?p=22235#article","isPartOf":{"@id":"https:\/\/ifintechworld.com\/?p=22235"},"author":{"name":"News Room","@id":"https:\/\/ifintechworld.com\/#\/schema\/person\/6224724fd4116361255b179dc5c70b61"},"headline":"Chubb shares rise on new $5 billion stock buyback authorization","datePublished":"2023-06-14T00:28:08+00:00","dateModified":"2023-06-14T00:28:09+00:00","mainEntityOfPage":{"@id":"https:\/\/ifintechworld.com\/?p=22235"},"wordCount":123,"commentCount":0,"publisher":{"@id":"https:\/\/ifintechworld.com\/#organization"},"keywords":["Featured"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/ifintechworld.com\/?p=22235#respond"]}]},{"@type":"WebPage","@id":"https:\/\/ifintechworld.com\/?p=22235","url":"https:\/\/ifintechworld.com\/?p=22235","name":"Chubb shares rise on new $5 billion stock buyback authorization | iFintechWorld","isPartOf":{"@id":"https:\/\/ifintechworld.com\/#website"},"datePublished":"2023-06-14T00:28:08+00:00","dateModified":"2023-06-14T00:28:09+00:00","description":"Investing.com -- Chubb Ltd (NYSE:) shares were rising after hours on Monday after the insurer announced a $5 billion stock repurchase authorization. The","breadcrumb":{"@id":"https:\/\/ifintechworld.com\/?p=22235#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/ifintechworld.com\/?p=22235"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/ifintechworld.com\/?p=22235#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/ifintechworld.com\/"},{"@type":"ListItem","position":2,"name":"Chubb shares rise on new $5 billion stock buyback authorization"}]},{"@type":"WebSite","@id":"https:\/\/ifintechworld.com\/#website","url":"https:\/\/ifintechworld.com\/","name":"Repay Down","description":"Latest Personal Finance News, Tips and Updates","publisher":{"@id":"https:\/\/ifintechworld.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/ifintechworld.com\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/ifintechworld.com\/#organization","name":"Repay Down","url":"https:\/\/ifintechworld.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ifintechworld.com\/#\/schema\/logo\/image\/","url":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/rep-logo-dark.png","contentUrl":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/rep-logo-dark.png","width":558,"height":90,"caption":"Repay Down"},"image":{"@id":"https:\/\/ifintechworld.com\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/ifintechworld.com\/#\/schema\/person\/6224724fd4116361255b179dc5c70b61","name":"News Room","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ifintechworld.com\/#\/schema\/person\/image\/","url":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/avatar_user_1_1682606986-96x96.png","contentUrl":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/avatar_user_1_1682606986-96x96.png","caption":"News Room"},"sameAs":["https:\/\/ifintechworld.com"],"url":"https:\/\/ifintechworld.com\/?author=1"}]}},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/posts\/22235","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=22235"}],"version-history":[{"count":1,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/posts\/22235\/revisions"}],"predecessor-version":[{"id":22237,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/posts\/22235\/revisions\/22237"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/media\/22236"}],"wp:attachment":[{"href":"https:\/\/ifintechworld.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=22235"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=22235"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=22235"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}